Schlumberger Ltd SLB reported a 64% rise in its second-quarter net income.
Schlumberger's quarterly profit surged to $1.34 billion, or $0.98 per share, from $818 million, or $0.68 per share, in the year-ago period. Schlumberger's earnings from continuing operations came in at $0.87 per share. Its revenue jumped to $9.62 billion from $5.94 billion. However, analysts were expecting earnings of $0.85 per share on revenue of $9.19 billion.
Schlumberger shares gained 0.04% to $91.00 in pre-market trading.
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