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SLB N.V. Reports Mixed Q3 Earnings Amid Digital Growth and Cash Flow Resilience

SLB N.V. Reports Mixed Q3 Earnings Amid Digital Growth and Cash Flow Resilience

Author:

Global Cryptocurrency

Published:

2025-10-17 17:16:02

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BTCCSquare news:

SLB N.V. (NYSE: SLB) saw its stock dip 1.15% to $32.54 following a third-quarter earnings miss, though revenue held steady. The energy services firm reported $8.93 billion in revenue, up 4% sequentially but down 3% year-over-year. GAAP earnings per share fell sharply to $0.50, a 32% quarterly and 40% annual decline, while adjusted EPS stood at $0.69.

Digital revenue surged 11%, driving margin expansion and underscoring the company's resilience in a volatile energy market. Operational cash FLOW remained robust at $1.68 billion, with free cash flow reaching $1.10 billion. SLB's acquisition of ChampionX continues to fuel tech-led growth, positioning the firm for long-term strength in digital solutions.

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