U.S. Stocks on the Move | Schlumberger (SLB.US) Rises Nearly 7% as Q3 Production Systems Revenue Grows 15% Year-over-Year

Zhitong Finance APP has learned that on Friday, Schlumberger (SLB.US) rose nearly 7% to $52.94. The financial report shows that in the third quarter, Schlumberger's total revenue was approximately $9.449 billion, up 5% quarter-over-quarter and up 6% year-over-year; adjusted earnings per share (Adjusted EPS) were $0.64, higher than the market expectation of $0.62, and revenue also exceeded the consensus estimate of approximately $9.27 billion. The company's net profit attributable to shareholders in the third quarter was $735 million; adjusted EBITDA was $2.067 billion, with a margin of 21.9%, up 71 basis points quarter-over-quarter.