Brief: Weatherford Announces First Quarter 2023 Results

Weatherford International

25/04/2023 21:58

Weatherford International Plc  WFRD.O :
    * WEATHERFORD ANNOUNCES FIRST QUARTER 2023 RESULTS
    * NOW EXPECT OVERALL REVENUE TO GROW BY MID-TEENS
YEAR-OVER-YEAR
IN 2023
    * EXPECT 2023 ADJUSTED EBITDA MARGINS TO EXPAND BY AT LEAST
250
BASIS POINTS YEAR-OVER-YEAR
    * SEEING SOME POTENTIAL SOFTNESS IN NORTH AMERICA MARKET
    * QTRLY EARNINGS PER SHARE $0.97
    * Q1 EARNINGS PER SHARE VIEW $0.85, REVENUE VIEW $1.12
BILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX58hMG2 
Further company coverage:  WFRD.O