Core Laboratories reports Q3 EPS 30c, two estimates 19c

Reports Q3 revenue $134.5M, two estimates $131.3M. Core’s CEO, Larry Bruno, stated, “Core Lab delivered another quarter of sequential revenue growth, driven by global demand for our proprietary services and products, along with sequential improvement in operating income, operating margins, and earnings per share. During the third quarter, face-to-face meetings with clients throughout the Asia-Pacific region confirmed that several large exploration and development programs have been committed to the Company. These projects include work on both conventional and unconventional plays, with a mix of onshore and offshore programs. On October 1, 2025, Core announced the acquisition of Brazil-based Solintec, a leading provider of geological services to Brazilian and international oil companies operating along the South Atlantic Margin. This acquisition expands Core Lab’s in-country capabilities and improves Core’s position in the region. Also in the quarter, Core Lab returned free cash to its shareholders through the Company’s quarterly dividend and by repurchasing more than 460,000 shares of Company common stock. Share repurchases in the third quarter equate to approximately 1% of Core’s outstanding share count. Core Lab remains committed to returning excess free cash to its shareholders. With our leverage ratio improving to a new nine-year low and our strong balance sheet, the Company is well-positioned to continue executing its strategic priorities, while delivering long-term value to our clients and shareholders.”