Schlumberger reports q2 revenue of $5,356 mln

Q2 gaap loss per share $2.47 .qtrly gaap loss per share includes charges and credits of $2.52/share.qtrly non-gaap pretax segment operating margin 7.4% versus 11.7%.q2 revenue 5.4 billion usd.qtrly worldwide revenue of $5.4 billion decreased 28% sequentially.qtrly international revenue of $4.1 billion decreased 19% sequentially.qtrly north america revenue of $1.2 billion decreased 48% sequentially.qtrly eps, excluding charges and credits, was $0.05.board approved quarterly cash dividend of $0.125 per share.as pandemic lingers, co will remain cautious in global operations.qtrly revenue of $5,356 million versus $8,269 million.q2 earnings per share view $-0.01, revenue view $5.36 billion -- refinitiv ibes data.looking at macro view in near-term, oil demand is slowly starting to normalize & expected to improve as government measures support consumption.recorded $3.7 billion of pretax restructuring & asset impairment charges, including $1 billion of severance costs, as of end of quarter.permanently removing $1.5 billion of structural costs annually by reorganizing into a leaner company.capital investment for 2020 is expected to be about $1.5 billion.in q2, north america land revenue fell 60%, in line with decline in rig and hydraulic fracturing stage counts, as customers cut back spending.severance charges in q2 is associated with reducing co's workforce by more than 21,000 employees.vast majority of severance charges expected to be paid during h2 2020.
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