Core Laboratories N.V. reported that continuing operations resulted in fourth quarter 2020 revenue of $113,700,000. Core s operating income was $23,400,000, with earnings per diluted share of. | January 28, 2021
Core Lab Reports Fourth Quarter And Full Year 2020 Results From Continuing Operations
- COMPANY FOURTH QUARTER REVENUE OF $114 MILLION; UP 8% SEQUENTIALLY
- FOURTH QUARTER GAAP EPS OF $0.31; $0.18, EX-ITEMS; UP OVER 10% SEQUENTIALLY
- CORE GENERATES FCF FOR 19TH CONSECUTIVE YEAR; $46 MILLION FOR 2020
- CORE REDUCES NET DEBT BY $49 MILLION OR 16.5% FOR 2020
- RESERVOIR DESCRIPTION S REVENUE UP 5% SEQUENTIALLY
- PRODUCTION ENHANCEMENT S REVENUE UP 18% SEQUENTIALLY, LED BY U.S. ENERGETICS SALES, UP OVER 65% SEQUENTIALLY
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AMSTERDAM, Jan. 27, 2021 /PRNewswire/ Core Laboratories N.V. (NYSE: CLB US and Euronext Amsterdam: CLB NA ) ( Core , Core Lab , or the Company ) reported that continuing operations resulted in fourth quarter 2020 revenue of $113,700,000. Core s operating income was $23,400,000, with earnings per diluted share ( EPS ) of $0.31, all in accordance with U.S. generally accepted accounting principles (