Schlumberger Limited Reports Impressive Net Income of $944 Million for the First Quarter of 2023
Revenue Surges to $7.7 Billion, Reflecting Strong Performance in Services and Product Sales
Schlumberger Limited, (SLB) the leading global oilfiel d services provider, has released its unaudited financial results for the first quarter of 2023. The company demonstrated remarkable performance, reporting a significant increase in both net income and revenue compared to the same period in 2022.
Net Income/loss:
During the first quarter of 2023, Schlumberger reported a robust net income of $944 million. This impressive figure highlights the company's continued ability to capitalize on its expertise and services in the oil and gas industry, despite facing various challenges in the global market. In comparison, the net income for the first quarter of 2022 was $520 million, illustrating a substantial improvement in the company's financial performance over the course of a year.
