NOV(NOV) - 2024 Q1 - Quarterly Results
NOVNOV(NOV)2024-04-26 21:01

Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV REPORTS FIRST QUARTER 2024 RESULTS, RETURN OF CAPITAL FRAMEWORK, $1 BILLION SHARE REPURCHASE AUTHORIZATION, AND PLAN TO INCREASE DIVIDEND 50% • Revenue of $2.16 billion, an increase of 10% year-over-year • Operating Profit of $162 million, an increase of $36 million year-over-year • Net Income of $119 million, down $7 million year-over-year • Fully diluted earnings per share of $0.30, down $0.02 year-over-year • Adjusted EBI ...