PARIS -Tuesday 27 July 2021 [ AETOS Wire ]
- Global revenue of $5.6 billion increased 8% sequentially
- International revenue was $4.5 billion and North America revenue was $1.1 billion
- EPS of $0.30 increased 43% sequentially
- Cash flow from operations was $1.2 billion and free cash flow was $869 million
- Board approved quarterly cash dividend of $0.125 per share
(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) today reported results for the second-quarter 2021.
Second-Quarter Results
|
|
(Stated in millions, except per share amounts) |
|
|
Three Months Ended |
|
Change |
|
|
Jun. 30, 2021 |
|
Mar. 31, 2021 |
|
Jun. 30, 2020 |
|
Sequential |
|
Year-on-year |
Revenue* |
|
$5,634
|
|
$5,223
|
|
$5,356
|
|
8%
|
|
5%
|
Income (loss) before taxes - GAAP basis |
|
$542
|
|
$386
|
|
$(3,627)
|
|
40%
|
|
n/m
|
Net income (loss) - GAAP basis |
|
$431
|
|
$299
|
|
$(3,434)
|
|
44%
|
|
n/m
|
Diluted EPS (loss per share) - GAAP basis |
|
$0.30
|
|
$0.21
|
|
$(2.47)
|
|
43%
|
|
n/m
|
|
|
|
|
|
|
|
|
|
|
|
Adjusted EBITDA** |
|
$1,198
|
|
$1,049
|
|
$838
|
|
14%
|
|
43%
|
Adjusted EBITDA margin** |
|
21.3%
|
|
20.1%
|
|
15.6%
|
|
118 bps
|
|
561 bps
|
Pretax segment operating income** |
|
$807
|
|
$664
|
|
$396
|
|
22%
|
|
104%
|
Pretax segment operating margin** |
|
14.3%
|
|
12.7%
|
|
7.4%
|
|
162 bps
|
|
694 bps
|
Net income, excluding charges & credits** |
|
$431
|
|
$299
|
|
$69
|
|
44%
|
|
525%
|
Diluted EPS, excluding charges & credits** |
|
$0.30
|
|
$0.21
|
|
$0.05
|
|
43%
|
|
500%
|
|