Schlumberger Ltd. (SLB) Tops Q2 EPS by 2c

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Go back to Schlumberger Ltd. (SLB) Tops Q2 EPS by 2c

Schlumberger Announces Second-Quarter 2016 Results

July 21, 2016 4:10 PM EDT

Revenue of $7.2 billion increased 10% sequentially Acquisition of Cameron contributed revenue of $1.5 billion EPS: GAAP loss per share of $1.56 Excluding charges and credits, EPS of $0.23 Asset impairment, workforce reduction, and merger and integration charges totaled $1.79 per share Cash Flow: Cash flow from operations of $1.6 billion Free cash flow of $0.9 billion Quarterly cash dividend of $0.50 per share approved

LONDON--(BUSINESS WIRE)-- Schlumberger Limited (NYSE: SLB) today reported results for the second quarter of 2016.

    (Stated in millions, except per share amounts) Three Months Ended     Change Jun. 30, 2016     Mar. 31, 2016     Jun. 30, 2015 Sequential     Year-on-year... More