Schlumberger Posts $1.53 Full-Year EPS

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Schlumberger has bounced back in black in the fourth quarter of 2018, against last year’s Q4 loss of $2.25 billion that was booked following restructuring and asset writedown charges.

The oilfield services giant generated quarterly profit of $538 million, or 39 cents per share, on relatively flat Q-on-Q revenue of $8.2 billion.

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