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Non-GAAP earnings per share of $0.11 gave Core Laboratories a $0.02 beat over analyst expectations in its latest period, results showed.
Revenue of $124.6 million came in $0.5 million below estimates, the company disclosed. The earnings picture The $0.11 per-share figure cleared the analyst consensus by $0.02.
Non-GAAP results exclude items such as restructuring charges, stock-based compensation, and other costs that companies designate as outside ordinary operations.
The beat on that measure means Core Laboratories delivered more per share than analysts had forecast once those exclusions are applied. Revenue of $124.6 million fell $0.5 million short of estimates.
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