January 22, 2019 / 11:52 AM / a month ago

Halliburton posts fourth-quarter profit compared with year-ago loss

Jan 22 (Reuters) - Oilfield services provider Halliburton Co reported a quarterly profit on Tuesday, compared with a loss for the same period a year ago when it set aside $1.05 billion for income tax payments related to a change in U.S. taxes.

The company said net income attributable to the company was $664 million, or 76 cents per share, for the fourth quarter ended Dec. 31, compared with a loss of $824 million or 94 cents per share, a year earlier.

Revenue was largely flat at $5.94 billion. (Reporting by John Benny in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below