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SLB Sets Q3 Results for Oct. 23 as CEO Projects Revenue Growth

SLB Sets Q3 Results for Oct. 23 as CEO Projects Revenue Growth

Photo: TokenPost

SLB will release third-quarter results at 7 a.m. ET (11:00 UTC) Friday, Oct. 23, with a management call later that morning as investors assess the company’s outlook for revenue and margins. The conference call is scheduled for 9:30 a.m. ET (13:30 UTC), two and a half hours after the release. In July, SLB CEO Olivier Le Peuch projected sequential revenue growth of 3% to 4% for the third quarter and adjusted EBITDA margin expansion of about 75 basis points. Sequential growth compares revenue with the previous quarter. SLB recorded second-quarter revenue of $8.972 billion, up 5% from a year earlier.

Source: TokenPost

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