Halliburton Announces Third Quarter 2024 Results
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Halliburton Company reported its third quarter 2024 financial results, showing a decrease in net income compared to the previous quarter. The company reported a net income of $571 million, or $0.65 per diluted share, down from $709 million, or $0.80 per diluted share, in the second quarter. Adjusted net income was $641 million, or $0.73 per diluted share. Total revenue for the quarter was $5.7 billion.
November 07, 2024 | 12:00 pm
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Halliburton's Q3 2024 earnings report shows a decline in net income compared to Q2, with net income at $571 million and adjusted net income at $641 million. Revenue was $5.7 billion.
The decrease in net income from the previous quarter is likely to be viewed negatively by investors, potentially leading to a short-term decline in Halliburton's stock price. The adjusted net income and revenue figures provide additional context but do not offset the negative sentiment from the decline in net income.
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IMPORTANCE 80
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