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CLBBearishEarningsnews
Materiality pending

Core Laboratories Inc. (CLB) Q1 2024 Earnings Call Transcript

Apr 25, 2024, 12:51 PM EDT1 sourcesAI-analyzed

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- Core Laboratories Inc. reported a 1% increase in revenue in Q1 2024 compared to Q4 2023. - The company's operating income for Q1 2024 was $14.9 million, with operating margins at 12%. - US land completion activity was down 11% in Q1 2024, but U.S. completion diagnostic services and product sales saw growth. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Core Laboratories Inc. reported a 1% increase in revenue in Q1 2024 compared to Q4 2023.
  • The company's operating income for Q1 2024 was $14.9 million, with operating margins at 12%.
  • US land completion activity was down 11% in Q1 2024, but U.S. completion diagnostic services and product sales saw growth.

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