Reports Q1 revenue $1.36B, consensus $1.32B. Girish Saligram, president and CEO, commented, “Our One Weatherford team has once again demonstrated exceptional execution, delivering results that surpassed the previous quarter, with adjusted EBITDA margins setting another record. Year-over-year Middle East, North Africa, and Asia growth of 32% and strong offshore activity, reaffirm the thesis on cycle longevity. At the same time, nine consecutive quarters of sequential adjusted EBITDA margin expansion highlights our ability to deliver continuously improving operating performance.”
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