Current CLB Stock Info

HERO PerFRAC perforating system growing fast
Core Laboratories (ticker: CLB) announced third quarter results today, showing net earnings of $21.1 million, or $0.48 per share.

Core reports that revenue rose to $166.2 million, up 1.4% sequentially, while operating margins were 17%. Core’s third quarter results were affected by the recent hurricanes, even though damage to the company’s facilities were minor. Local flooding and power outages caused a $4 million impact to revenue, primarily in the Reservoir Description segment. The negative impa...

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