- Revenue of $9.16 billion was steady sequentially and increased 10% year on year
- GAAP EPS of $0.83 increased 8% sequentially and 6% year on year
- EPS, excluding charges and credits, of $0.89 increased 5% sequentially and 14% year on year
- Net income attributable to SLB of $1.19 billion increased 7% sequentially and 6% year on year
- Adjusted EBITDA of $2.34 billion increased 2% sequentially and 13% year on year
- Cash flow from operations was $2.45 billion and free cash flow was $1.81 billion
- Board approved quarterly cash dividend of $0.275 per share
SLB has announced results for the third quarter of 2024.
SLB acquired the Aker subsea business during the fourth quarter of 2023 in connection with the formation of the OneSubsea joint venture. The acquired business generated revenue of $532 million during the third quarter of 2024. Excluding the impact of this acquisition, SLB's global third-quarter 2024 revenue increased 4% year on year; international third-quarter 2024 revenue increased 4% year on year; and Production Systems third-quarter 2024 revenue increased 9% year on year.
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Source: SLB
