Reports Q1 revenue $1.96B, consensus $1.96B. "Our first quarter results show continued strong demand and year-over-year growth," stated Clay Williams, Chairman, President, and CEO. "On a consolidated basis, revenue increased 27 percent compared to the first quarter of 2022, and our orders for capital equipment exceeded our shipments out of backlog by 9 percent. While the decline in North American natural gas prices may be a near-term headwind, the recovery in offshore and international activity is continuing to build strong momentum."
Published first on TheFly
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