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DewDiligence

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DewDiligence

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Re: DewDiligence post# 18425

Wednesday, 07/24/2019 5:43:48 PM

Wednesday, July 24, 2019 5:43:48 PM

Post# of 29307
CLB 2Q19 results/3Q19 outlook:

https://www.sec.gov/Archives/edgar/data/1000229/000156459019025867/clb-ex991_6.htm

2Q19 revenue = $169.0M (-4% YoY, flat QoQ)—below the guidance range of $172-175M.

2Q19 GAAP EPS = $0.46 (excluding non-recurring items)—below the guidance range of $0.47-0.50.

3Q19 revenue guidance = $171-175M (-5% YoY, +2% QoQ at the midpoint of the range).

3Q19 GAAP EPS guidance = $0.48-0.52 (vs $0.64 in 3Q18).

CC tomorrow at 8:30am ET.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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