Weatherford Announces Second Quarter 2024 Results and Shareholder Return Program
WFRDWeatherford International(WFRD) Newsfilter·2024-07-24 04:31

Revenues of 1,405millionincreased3.51,405 million increased 3.5% sequentially and 10% year-over-year, driven by international revenue growth of 6% sequentially and 14% year-over-yearOperating income of 264 million increased 13% sequentially and 31% year-over-yearNet income of 125millionincreased12125 million increased 12% sequentially and 52% year-over-year; net income margin of 8.9%Adjusted EBITDA* of 365 million increased 9% sequentially and 25% year-over-year; adjusted EBITDA margin* of 26.0% increased by 124 basis points sequentially and by 31 ...