Q1 revenue 8.71 bln usd, up 13% (Il Sole 24 Ore Radiocor) - New York, 19 Apr - The US oilfield services company SLB said that in the first quarter of 2024 earnings per share increased 14% year on year to 0.74 dollars, while EPS excluding charges and credits grew 19% to 0.75 dollars.

Revenue increased 13% to 8.71 billion dollars and adjusted EBITDA grew 15% to 2.06 billion dollars.

Cash flow from operations was 327 million dollars.

The company said that its board has approved quarterly cash dividend of 0.275 dollars per share.

SLB is targeting to return 7 billion dollars to shareholders over 2024-2025.

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(RADIOCOR) 19-04-24 19:45:44 (0650) 5 NNNN