Schlumberger Ltd. (SLB) Tops Q2 EPS by 1c

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SLB Announces Second-Quarter 2023 Results

July 21, 2023 6:50 AM EDT

Revenue of $8.10 billion increased 5% sequentially and 20% year on year GAAP EPS of $0.72 increased 11% sequentially and 7% year on year EPS, excluding charges and credits, of $0.72 increased 14% sequentially and 44% year on year Net income attributable to SLB of $1.03 billion increased 11% sequentially and 8% year on year Adjusted EBITDA of $1.96 billion increased 10% sequentially and 28% year on year Cash flow from operations was $1.61 billion and free cash flow was $986 million Board approved quarterly cash dividend of $0.25 per share

PARIS--(BUSINESS WIRE)-- Regulatory News:

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