Weatherford rallies after strong Q1 earnings beat, upbeat guidance (NASDAQ:WFRD)


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Weatherford International (NASDAQ:WFRD) +6% in Wednesday’s trading after Q1 GAAP earnings easily topped expectations and revenues rose 26% Y/Y to $1.18B, generating margins ahead of the company’s record Q4 2022.

Q1 net income swung to a $72M profit, or $0.97/share, from a net loss of $80M, or $1.14/share, in the

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