Energy infrastructure company Schlumberger Limited (NYSE: SLB) on Friday announced financial results for the third quarter of 2025, reporting a YoY decline in revenues
September-quarter revenue decreased 3% from last year to $8.93 billionNet income attributable to the company fell 38% annually to $739 million in the third quarter of 2025On a per-share basis, net income was $0.50 in the third quarter, which is down 40% from the prior-year quarterExcluding charges and credits, earnings per share declined 22% year-over-year to $0.69 during the three monthsAdjusted EBITDA was $2.06 billion in Q3, down 12% year-on-year; Cash flow from operations was $1.68 billionIn Q3, the company’s board of directors approved a quarterly cash dividend of $0.285 per share, payable on January 08, 2026During the quarter, the company signed an agreement to purchase Resman Energy Technology, a provider of wireless reservoir surveillance solutions