Power large Halliburton Firm (NYSE: HAL) Thursday introduced monetary outcomes for the third quarter of 2024, reporting decrease revenues and revenue.
Third-quarter income declined 2% yearly to $5.70 billion. Revenues declined by 9% in North America.
Internet revenue decreased to $571 million or $0.65 per share within the September quarter from $716 million or $0.79 per share within the comparable interval a yr earlier. At $0.73 per share, adjusted earnings have been down 8%.
“We skilled a $0.02 per share affect to our adjusted earnings from misplaced or delayed income because of the August cybersecurity occasion and storms within the Gulf of Mexico,” mentioned Jeff Miller, CEO of Halliburton.