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Schlumberger Limited: Schlumberger Announces First-Quarter 2021 Results
International revenue was $4.2 billion and North America revenue was $972 million
EPS was $0.21
Board approved quarterly cash dividend of $0.125 per share
Regulatory News:
First-Quarter Results
Three Months Ended
$386
$299
$0.21
$299
$0.21
-30% During the fourth quarter of 2020, Schlumberger divested of certain businesses in North America. These businesses generated revenue of $285 million during the fourth quarter of 2020 and $659 million during the first quarter of 2020.
Excluding the impact of these divestitures, worldwide first-quarter 2021 revenue was essentially flat sequentially and declined 23% year-on-year. North America first-quarter 2021 revenue, excluding the impact of these divestitures, increased 10% sequentially and declined 36% year-on-year. These are non-GAAP financial measures. See sections titled Charges Credits , Divisions , and Supplemental Information for details