Brief: Core Lab Reports Second Quarter 2020 Results From Continuing Operations

Core Laboratories

22/07/2020 22:24

July 22 (Reuters) - Core Laboratories NV  CLB.N :
    * CORE LAB REPORTS SECOND QUARTER 2020 RESULTS FROM
CONTINUING
OPERATIONS:
    * QTRLY LOSS PER SHARE $0.13
    * QTRLY EARNINGS PER SHARE $0.14, EX-ITEMS
    * QTRLY REVENUE OF $116 MILLION
    * Q2 EARNINGS PER SHARE VIEW $0.10, REVENUE VIEW $115.4
MILLION --
REFINITIV IBES DATA
    * QTRLY REVENUE OF $115.7 MILLION VERSUS $169 MILLION
    * NOW EXPANDED COST REDUCTION PLAN WILL BE COMPLETED IN Q3
OF 2020
    * CORE LABORATORIES - EXPECTS PROJECT WORK & INTERNATIONAL
SHIPMENT OF PRODUCTS TO IMPROVE SOMEWHAT DURING H2 2020 FROM
LOWS EXPERIENCED MID-Q2 2020
    * UNABLE TO PROVIDE MEANINGFUL QUANTITATIVE QUARTERLY
GUIDANCE

Source text for Eikon:  ID:nPnbQSbFBa 
Further company coverage:  CLB.N 

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