Power big 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 had been down 8%.
“We experienced a $0.02 per share impact to our adjusted earnings from lost or delayed revenue due to the August cybersecurity event and storms in the Gulf of Mexico,” mentioned Jeff Miller, CEO of Halliburton.