Core Laboratories NV (CLB) announced earnings for its fourth quarter that increased from the same period last year but missed the Street estimates.
The company's bottom line came in at $7.40 million, or $0.15 per share. This compares with $2.20 million, or $0.05 per share, last year.
Analysts on average had expected the company to earn $0.22 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.8% to $129.24 million from $128.21 million last year.
Core Laboratories NV earnings at a glance (GAAP) :
-Earnings: $7.40 Mln. vs. $2.20 Mln. last year.
-EPS: $0.15 vs. $0.05 last year.
-Revenue: $129.24 Mln vs. $128.21 Mln last year.
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