Replies to post #18425 on The Rising Influence of Rising Affluence

[DewDiligence]

Feedback welcome on CLB's earnings report. TIA

[DewDiligence]

CLB 1Q19 CC transcript:

https://finance.yahoo.com/news/edited-transcript-clb-earnings-conference-221355363.html

[DewDiligence]

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.