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Halliburton Company (NYSE:HAL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -26.16% to $669 million (67 cents per diluted share) in the quarter versus a net gain of $906 million in the year-earlier quarter. Revenue rose 3.2% to $7.29 billion from the year-earlier quarter.
Halliburton Company reported adjusted net income of 67 cents per share. By that measure, the company beat the mean analyst estimate of $0.61. It beat the average revenue estimate of $7.06 billion.