earnings
confidence high
sentiment positive
materiality 0.55
Core Labs Q2 revenue $130.6M; GAAP EPS $0.19, ex-items $0.22; cuts net debt $15.8M; declares $0.01 dividend
Core Laboratories Inc. /DE/
2024-Q2 EPS reported
$0.26
revenue$260,214,000
- Revenue $130.6M, up slightly sequentially and YoY; operating income GAAP $16.0M, ex-items $16.4M (+10% sequentially, +5% YoY).
- GAAP EPS $0.19; ex-items EPS $0.22, up 16% sequentially and 5% YoY.
- Free cash flow $14.3M; net debt reduced by $15.8M during Q2 2024.
- Declares Q3 2024 dividend of $0.01/share, payable Aug 26, record Aug 5, 2024.
- Operating margins ex-items reached 13%, expanding over 100 bps sequentially.