Weatherford reports third quarter 2026 revenue of $1,143 million, up 3% sequentially
FROM THE WIRE · MANILATIMES.NET
Third quarter revenue of $1,143 million increased 3% sequentiallyThird quarter operating income of $153 million increased 43% sequentiallyThird quarter net income of $120 million increased 208% sequentially; net income margin of 10.5%Third quarter adjusted EBITDA* of $254…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults show sequential growth in revenue, operating income and net income after the NCS Multistage deal.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Operating income rose 43% sequentially to $153 million.
- 02Adjusted EBITDA was $254 million, with a 22.2% margin.
- 03The company completed the acquisition of NCS Multistage Holdings in a stock-and-cash deal.