Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
- 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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