SLB Q4 adj EPS $0.92 up 7% YoY; raises dividend 3.6%, initiates $2.3B ASR

SLB LIMITED/NV

2024-FY EPS reported $3.11 revenue$36,289,000,000

Q4 revenue $9.28B (+1% seq, +3% YoY); GAAP EPS $0.77 flat YoY; adjusted EPS $0.92 (+7% YoY).
Full-year revenue $36.29B (+10% YoY); GAAP EPS $3.11 (+7%); adjusted EPS $3.41 (+14%).
Board approved 3.6% dividend increase to $0.285/share quarterly.
Initiates $2.3B accelerated share repurchase program.
Q4 cash flow ops $2.39B, free cash flow $1.63B; full-year CFO $6.60B, FCF $3.99B.

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