earnings
confidence high
sentiment positive
materiality 0.75
Core Lab Q3 revenue $125.3M, EPS $0.19 GAAP ($0.22 ex-items); $0.01 dividend; Halliburton alliance
Core Laboratories Inc. /DE/
2023-Q3 EPS reported
$0.73
revenue$381,580,000
- Revenue $125.3M, down 2% sequentially, flat YoY; GAAP EPS $0.19, ex-items $0.22 (up 5% sequentially, 24% YoY).
- Operating income ex-items $16.0M, operating margins 13%; Reservoir Description margins 17% with incremental margins >100% sequentially.
- Announced strategic digital rock characterization alliance with Halliburton.
- Declared Q4 dividend $0.01/share, record Nov 13, payable Dec 4.
- Recorded $1.1M charges for ATM termination and facility exit included in GAAP results.