FINWIRES · TerminalLIVE
FINWIRES

NOV Q2 Earnings Rise, Revenue Declines

By

NOV (NOV) reported Q2 earnings Tuesday of $0.31 per diluted share, up from $0.29 a year earlier.

Analysts polled by FactSet expected $0.17.

Revenue for the quarter ended June 30 was $2.13 billion, down from $2.19 billion a year earlier.

Analysts expected $2.08 billion.

For Q3, the company said it expects year-over-year revenue to be flat to up 2%.

Related Articles