AI brief of an SEC Form 8-K · Schlumberger (SLB)

SLB Q2 revenue rises 13% to $9.14 billion; EPS excluding charges up 18%

Positive Impact 3 of 5 earnings Written later

SLB reported second-quarter 2024 revenue of $9.14 billion, up 13% from a year earlier, and net income attributable to SLB of $1.11 billion, up 8%. Growth was led by international markets and the Aker subsea business acquired in late 2023, and management expects full-year 2024 adjusted EBITDA to grow in the mid-teens.

Key points

  • Revenue of $9.14 billion rose 5% sequentially and 13% year on year.
  • GAAP diluted EPS was $0.77; EPS excluding charges and credits was $0.85, up 18% year on year.
  • The Board approved a quarterly cash dividend of $0.275 per share, payable October 10, 2024.
  • Management expects full-year 2024 adjusted EBITDA growth in the mid-teens.

The filing

CompanySchlumberger (SLB)
Form8-K, current report
Filed with the SECJul 19, 2024, 7:04 AM ET
Accession number0001193125-24-181280

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:42 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 19, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.