News wire — Schlumberger NV reported a 14.4% increase in quarterly profit on Friday, as demand in international markets helped the world’s largest oilfield services provider counter weakness in North America.
The company’s net income rose to $492 million, or 35 cents per share, in the second quarter ended June 30, from $430 million, or 31 cents per share, a year earlier.
The Houston-based company’s revenue fell to $8.27 billion from $8.30 billion.
- Reuters
