Halliburton's Q1 total revenue up to $5.8 billion - Breaking The News

Halliburton's Q1 total revenue up to $5.8 billion

23 April

1 min read

EPA-EFE/ALI HAIDER

Halliburton Company said on Tuesday that its total revenue for the first quarter of fiscal 2024 amounted to $5.8 billion.

With an operating profit of $987 million, the company logged a net income of $606 million, lower than the $651 million reported in a similar quarter a year earlier. Basic and diluted net income per share decreased from $0.72 to $0.68.

"Halliburton delivered solid first quarter results that again demonstrated the power of our strategy and the strength of our execution. Activity in North America recovered from fourth-quarter lows, and our international business delivered its 11th consecutive quarter of year-on-year growth," Jeff Miller, Chairman, President and CEO, stated while commenting on the results.

Halliburton's shares went up 0.62% after the report was published, selling at $38.96 in the premarket in New York.

earnings halliburton

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