Halliburton (HAL) Tops Q1 EPS by 5c

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Halliburton Announces First Quarter 2023 Results

April 25, 2023 6:45 AM EDT

Net income of $0.72 per diluted share. Net income per diluted share more than doubled from Q1 2022. Revenue of $5.7 billion, increased 33% year-over-year. Operating margin of 17.2%, increased 530 basis points year-over-year.

HOUSTON--(BUSINESS WIRE)-- Halliburton Company (NYSE: HAL) announced today net income of $651 million, or $0.72 per diluted share, for the first quarter of 2023. This compares to net income for the first quarter of 2022 of $263 million, or $0.29 per diluted share. Halliburton's total revenue for the first quarter of 2023 was $5.7 billion compared to total revenue of $4.3 billion in the... More