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DewDiligence

04/24/19 5:34 PM

#18425 RE: DewDiligence #17930

CLB 1Q19 results/2Q19 guidance:

https://www.sec.gov/Archives/edgar/data/1000229/000156459019012757/clb-ex991_8.htm

1Q19 revenue = $169.2M (-1% YoY, -2% QoQ)—above the guidance range of $164-168M.

1Q19 GAAP EPS = $0.44 (excluding non-recurring tax benefit)—within the guidance range of $0.42-0.45.

2Q19 revenue guidance = $172-175M (-1% YoY, +3% QoQ at the midpoint of the range).

2Q19 GAAP EPS guidance = $0.47-0.50 (vs $0.59 in 2Q18).

CC tomorrow at 8:30am ET.