SLB's Earnings Surprise: North America Soars, International Focus

SLB just rocked Wall Street with surprisingly strong earnings, fueled by a North American surge thanks to its ChampionX acquisition. But beneath the surface, a deeper dive reveals a more complex picture: without ChampionX, North American revenue actually dipped. While international revenue is currently lagging, SLB is betting big on a future rebound in overseas markets, particularly the Middle East and Asia, to drive long-term growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.