Helmerich & Payne, Inc. Reports $54.8 Million Quarterly Profit
The company records $677.3 million revenue for Q1 ended Dec 31, 2024
Helmerich & Payne, Inc. [HP] reported $54.8 million profit for Q1 ended Dec 31, 2024, showing a decrease of $20.7 million from the previous quarter.
The company revealed in its 8-K filing to the SEC dated Feb 5, 2025 that it generated revenue of $677.3 million for the period, showing a decrease of $16.5 million from the previous quarter.
Based in Tulsa, Oklahoma, the company reported $0.5 earnings per share for the period, compared to $0.8 in the last quarter.
The company's profit decreased by 27.43% from $75.5 million in the last quarter.
The revenue decreased 0.02% from $677.1 million in the same quarter of the previous year.
As of February 5, 2025 end of day trading.