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Re: OakesCS post# 16437

Wednesday, 04/25/2018 7:14:01 PM

Wednesday, April 25, 2018 7:14:01 PM

Post# of 29307
CLB 1Q18 results—bullet points:

https://finance.yahoo.com/news/core-lab-reports-first-quarter-223300242.html

- REVENUE $170M +8% YoY, FLAT SEQUENTIALLY

- OPERATING MARGINS OF 19%, UP 400 BPS YEAR-OVER-YEAR

- YEAR-OVER-YEAR INCREMENTAL OPERATING MARGINS OF 65%; 68% EX-ITEMS

- GAAP EPS OF $0.54; $0.57 EX-ITEMS, +39%* YoY

- SEQUENTIALLY, PERFORATING SYSTEM SALES UP 19%; U.S. COMPLETIONS UP 9%

- [GAAP] 2Q18 EPS GUIDANCE $0.64 TO $0.66

I may have more to say after the CC tomorrow.

*The forecast given 3 months ago was +38%, so they beat guidance by 1% (LOL).

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