Energy giant Halliburton Company (NYSE: HAL) Friday announced financial results for the third quarter of 2024, reporting lower revenues and profit.
Third-quarter revenue declined 1% annually to $5.70 billion. Revenues declined 4% both in North America and other geographical regions.
Net profit decreased to $571 million or $0.65 per share in the September quarter from $716 million or $0.79 per share in the comparable period a year earlier.
“We experienced a $0.02 per share impact to our adjusted earnings from lost or delayed revenue due to the August cybersecurity event and storms in the Gulf of Mexico,” said Jeff Miller, CEO of Halliburton.
(this story will be updated shortly with infographic)
The post Infographic: Halliburton (HAL) Q3 2024 revenue and profit decline YoY first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact [email protected]
