US services company Weatherford International has reported net revenues of $1.99bn for the second quarter of 2009, down 11% compared with net revenues of $2.23bn in the same quarter last 2008.
The company has also reported a net income of $50.5m, or $0.06 per diluted share, for the second quarter of 2009, compared with the net income of $378.3m, or $0.53 per diluted share, in the same quarter last year.
Go deeper with GlobalData
Weatherford’s North America business was responsible for the decline with revenues decreasing 44% against a 50% decline in rig count. International revenues were up 17% against a 9% decrease in international rig count, the company said.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
