Q1 revenue 5.8 bln usd, up 2% (Il Sole 24 Ore Radiocor) - New York, 23 Apr - The US oilfield service company Halliburton said that in first quarter of 2024 it posted a net income of 606 million dollars, or 0.68 dollars per diluted share, compared with 651 million, or 0.72 dollars per diluted share a year earlier.

Adjusted net income was 679 million dollars, or 0.76 dollars per diluted share.

Revenue for the first quarter rose 2% to 5.8 billion dollars.

Operating income was 987 million dollars, flat year on year.

Cash flow from operations totalled 487 million dollars and free cash flow of 206 million in the quarter.

"Halliburton demonstrated its commitment to shareholder returns in the first quarter and repurchased 250 million dollars of common stock - a solid start to the year and a good benchmark for our expectations going forward," said Jeff Miller, chairman, president and CEO.

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(RADIOCOR) 23-04-24 19:45:05 (0863) 5 NNNN