CORE LAB REPORTS FIRST QUARTER 2025 RESULTS
1. Core Laboratories' Q1 revenue declined 4% sequentially and 5% YOY. 2. Operating income ex-items was $11.8 million, down 25% sequentially. 3. Free cash flow increased 50% year-over-year, totaling $3.9 million. 4. Net debt decreased by $4.9 million; leverage ratio stayed at 1.31. 5. Geopolitical issues impacted demand for Core's laboratory services.