The company said revenue for Q2 2024 was $9.14 billion, up 5% from the previous quarter and 13% from a year earlier. SLB said net income attributable to SLB on a GAAP basis was $1.11 billion, up 4% sequentially and 8% year on year.

1. 01

   The company said revenue for Q2 2024 was $9.14 billion, up 5% from the previous quarter and 13% from a year earlier. SLB said net income attributable to SLB on a GAAP basis was $1.11 billion, up 4% sequentially and 8% year on year.

2. 02

   SLB said adjusted EBITDA for Q2 was $2.29 billion, up 11% from the previous quarter and 17% from a year earlier. The company said diluted EPS, excluding charges and credits, was $0.85, up 13% sequentially and 18% year on year.

3. 03

   The company said cash flow from operations for Q2 was $1.44 billion, and free cash flow was $776 million. Net debt as of June 30, 2024 was $9,186 million, the company said.

4. 04

   SLB said it repurchased 9.9 million shares of its common stock in Q2 for a total of $465 million, and 15.3 million shares for a total of $735 million in the first half of the year. The company also issued $500 million of Senior Notes on May 29, 2024, maturing in 2027, 2029 and 2034, respectively.

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.

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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