Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance
Yahoo Finance -

First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow of...

Related Articles

Latest in News

More from Yahoo Finance | Weatherford International EBITDA margin First quarter GAAP Earnings Nasdaq 2024 Wall Street