Brief: Core Lab Reports Fourth Quarter And Full Year 2021 Results From Continuing Operations

Core Laboratories

02/02/2022 22:32

Feb 2 (Reuters) - Core Laboratories Nv  CLB.N :
    * CORE LAB REPORTS FOURTH QUARTER AND FULL YEAR 2021 RESULTS
FROM
CONTINUING OPERATIONS:
    * Q4 REVENUE OF $125.1 MILLION; UP 6% SEQUENTIALLY; UP 10%
YEAR-OVER-YEAR
    * Q4 GAAP EPS OF $0.06
    * Q4 EPS, EX-ITEMS $0.20
    * Q4 EARNINGS PER SHARE VIEW $0.20, REVENUE VIEW $122.4
MILLION --
REFINITIV IBES DATA
    * FOR Q1 OF 2022, CO EXPECTS LOWER CLIENT ACTIVITY DUE TO
SEASONALITY
    * SEES TYPICAL SEASONAL EFFECTS TO IMPACT Q1 OF 2022, WITH
Q1
REVENUE DOWN LOW TO MID-SINGLE DIGITS, SEQUENTIALLY
    * SEES Q1 2022 REVENUE TO RANGE FROM $117 MILLION TO $122
MILLION
    * SEES EPS FOR Q1 OF 2022 TO BE APPROXIMATELY $0.16 TO $0.20
    * Q1 EARNINGS PER SHARE VIEW $0.20, REVENUE VIEW $124.0
MILLION --
REFINITIV IBES DATA

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