Core Lab Q2 FY26 EPS drops 40.9% year-over-year to $0.13; revenue falls 4.3% to $124.6 million
Reuters2026/07/29 21:18- Core Laboratories posted Q2 2026 revenue of USD 124.6 million, up 2% sequentially and down 4% year-over-year.
- GAAP operating income rose to USD 9.2 million from USD 1.89 million sequentially; GAAP EPS was USD 0.13.
- Free cash flow was USD 3.1 million; the company repurchased 214,712 shares for USD 2.7 million.
- Reservoir Description revenue fell 4% sequentially to USD 78.7 million due to Middle East and Russia-Ukraine disruptions; Production Enhancement climbed 15% to USD 45.9 million.
- Q3 guidance calls for revenue of USD 128.5 million-USD 135.5 million and EPS of USD 0.12-USD 0.20.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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