Halliburton Company revealed on Tuesday that its revenue in the third trimester of 2022 saw an annual growth of 39% to hit $5.4 billion. The company’s net income doubled year-on-year, going up by 128.75% to $549 million. Meanwhile, its diluted earnings per share (EPS) surged by 130.77% compared to the same quarter in 2021 to $0.60 per share.
«Our third quarter international performance demonstrates the earnings power of our strategy to deliver profitable international growth through improved pricing, selective contract wins, and the competitiveness of our technology offerings,» Chairman, President Chief Executive Officer (CEO) Jeff Miller commented.
Halliburton’s shares rose by 0.64% in premarket trading after the report was released.