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Stock impact report

Core Labs (CLB) Q4 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Core Laboratories Inc. (CLB) 
Last core laboratories inc. earnings: 4/22 05:05 pm Check Earnings Report
US:NYSE Investor Relations: corelab.com/investors
Chairman, Chief Executive Officer, and President — Larry Bruno Chief Financial Officer — Chris Hill Senior Vice President, Head of Investor Relations — Gwen Gresham TAKEAWAYS Revenue -- $129.2 million for the quarter, down 4% sequentially, but grew 3% for the full year to $523.8 million. Operating Income and EPS -- Quarterly operating income on a GAAP basis was $14.2 million, and full-year ex-items EPS increased 9% to $0.87. Reservoir Description Segment Revenue -- $86.8 million, decreasing 2% sequentially, but up 3% year over year; operating margin ex-items was 16%, up 170 basis points year over year and down 110 basis points sequentially. Production Enhancement Segment Revenue -- $42.4 million, down 7% sequentially and 3% year over year, with quarterly ex-items operating margin of 4%. Service Revenue -- $96.5 million for the quarter, declining 2% sequentially, and rising 2% year over year; full-year service revenue grew over 4% to $388.2 million. Product Sales -- Show less Read more
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