SLB said revenue for Q1 2024 rose to $8,707 million, up 13% from a year earlier, and net income attributable to SLB on a GAAP basis rose 14% to $1,068 million.

1. 01

   SLB said revenue for Q1 2024 rose to $8,707 million, up 13% from a year earlier, and net income attributable to SLB on a GAAP basis rose 14% to $1,068 million.

2. 02

   The company said international revenue for Q1 rose 18% year on year to $7,056 million, while North America revenue fell 6% to $1,598 million. It said international revenue grew 10% excluding the Aker subsea business.

3. 03

   SLB announced on April 2, 2024 an all-stock agreement under which each ChampionX share will be exchanged for 0.735 SLB common shares, and set a target of $7 billion in shareholder returns over the next 2 years.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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