secwatch.observer — SEC 8-K summary
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Issuer:     Weatherford International plc (WFRD)
CIK:        0001603923
Form:       8-K
Filed at:   2025-04-22T23:59:59+00:00
Accession:  0001603923-25-000081
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weatherford Q1 revenue $1.193B (-12% YoY), net income $76M (-32%)
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- Revenue $1,193M (-12% YoY); operating income $142M (-39%); net income $76M (-32%).
- Adjusted EBITDA $253M (21.2% margin), down 25% YoY.
- Cash from ops $142M; adjusted free cash flow $66M.
- Repurchased $34M of 8.625% Senior Notes; shareholder returns $71M ($18M dividends, $53M buybacks).
- Board declared $0.25/share dividend payable June 5; completed sale of Pressure Pumping in Argentina April 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603923/000160392325000081/0001603923-25-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603923/000160392325000081/wfrd-20250422.htm
  HTML page:      https://secwatch.observer/filing/0001603923-25-000081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer