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Schlumberger announces Q2 2021 results
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Schlumberger Limited: Schlumberger Announces Second-Quarter 2021 Results
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Bentley Systems, Incorporated (BSY) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble.
Bentley Systems, Incorporated (NASDAQ: BSY)
Q1 2021 Earnings Call
Good morning, everyone, and thank you for joining us for Bentley Systems Q1 2021 operating results webcast. I m Carey Mann, Bentley s VP of investor relations. On the webcast today, we have Bentley Systems chief executive officer, Greg Bentley; and chief financial officer, David Hollister. Before we begin, allow me to provide a disclaimer regarding forward-looking statements.
This webcast, including the question-and-answer portion of the webcast, may include forward-looking statements related to the expected future results of our company and are, therefore, forward-looking statements. Our actual results may differ materially from our projections due to a number of risks and uncertainties. The risks and uncertainties that forward-looking
Schlumberger Announces First-Quarter 2021 Results
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Schlumberger Limited: Schlumberger Announces First-Quarter 2021 Results
International revenue was $4.2 billion and North America revenue was $972 million
EPS was $0.21
Board approved quarterly cash dividend of $0.125 per share
Regulatory News:
First-Quarter Results
Three Months Ended
$386
$299
$0.21
$299
$0.21
-30% During the fourth quarter of 2020, Schlumberger divested of certain businesses in North America. These businesses generated revenue of $285 million during the fourth quarter of 2020 and $659 million during the first quarter of 2020.
Excluding the impact of these divestitures, worldwide first-quarter 2021 revenue was essentially flat sequentially and declined 23% year-on-year. North America first-quarter 2021 revenue, excluding the impact of these divestitures, increased 10% sequentially and declined 36% year-on-year. These are non-GAAP financial measures. See sections titled Charges Credits , Divisions , and Supplemental Information for details