The earnings call discussed both positive steps towards operational improvements and strategic focuses that are expected to improve future performance, alongside significant challenges posed by geopolitical conflicts and sanctions impacting revenue and margins. The company's efforts in cost reduction and market expansion were highlighted, but the immediate financial results were negatively impacted by external factors.

Company Guidance -

Q1 2025

During the Core Laboratories N.V. first quarter 2025 earnings call, the company provided detailed guidance and financial metrics. Revenue for the first quarter was $123.6 million, down 4% sequentially and 5% year over year, impacted by geopolitical conflicts and expanded sanctions. Operating income was $11.8 million, with operating margins of approximately 10%, and a net loss of $200,000 on a GAAP basis. Service revenue was $95.1 million, while product sales were $28.5 million. The company projected second-quarter 2025 revenue to range from $128 million to $134 million, with operating income of $13.1 million to $15.7 million, yielding operating margins of approximately 11%. Earnings per share for the second quarter are expected to range from $0.17 to $0.21. Core Labs aims to maintain a focus on reducing debt, with net debt reduced by approximately $5 million in the first quarter, and strengthening its balance sheet while continuing to return excess free cash to shareholders.

Operational Improvements and Strategic Focus

Core Labs continued to strengthen its balance sheet by reducing net debt by approximately $5 million and maintaining the lowest leverage ratio in eight years. The company also repurchased nearly 132,000 shares of company stock at a value of $2 million, focusing on deleveraging and returning excess free cash to shareholders.

Production Enhancement Margin Growth

Operating margins in production enhancement expanded by 450 basis points to 8% due to increased demand for high-margin diagnostic services in the U.S., especially in complex well completions and catch-up work in the Gulf of Mexico.

Cost Reduction Initiatives

Core Labs has implemented cost reduction plans to mitigate revenue loss, which includes employee severance and exiting certain facilities, expecting these cost efficiencies to improve margins in future quarters.

New Client Engagements and Market Opportunities

Core Labs is expanding its presence in Africa and Libya, collaborating with local entities and leveraging its knowledge of the region's sedimentary basins, which is expected to drive long-term growth.

Core Laboratories (CLB) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CLB Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 23, 2025	2025 (Q2)	0.19 / -	0.22	―	―	―
Apr 23, 2025	2025 (Q1)	0.14 / 0.14	0.19	-26.32% (-0.05)	―
Jan 29, 2025	2024 (Q4)	0.22 / 0.22	0.19	15.79% (+0.03)	―
Oct 23, 2024	2024 (Q3)	0.24 / 0.25	0.22	13.64% (+0.03)	―
Jul 24, 2024	2024 (Q2)	0.20 / 0.22	0.21	4.76% (+0.01)	―
Apr 24, 2024	2024 (Q1)	0.16 / 0.19	0.19	0.00% (0.00)	―
Jan 31, 2024	2023 (Q4)	0.19 / 0.19	0.2	-5.00% (-0.01)	―
Nov 01, 2023	2023 (Q3)	0.22 / 0.22	0.18	22.22% (+0.04)	―
Jul 26, 2023	2023 (Q2)	0.20 / 0.21	0.12	75.00% (+0.09)	―
Apr 26, 2023	2023 (Q1)	0.16 / 0.19	0.08	137.50% (+0.11)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CLB Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 23, 2025	$12.06	$11.60	-3.81%
Jan 29, 2025	$18.51	$17.72	-4.27%
Oct 23, 2024	$17.05	$18.90	+10.85%
Jul 24, 2024	$21.97	$24.29	+10.56%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Core Laboratories N.V. (CLB) report earnings?

Core Laboratories N.V. (CLB) is schdueled to report earning on Jul 23, 2025, After Close (Confirmed).

What is Core Laboratories N.V. (CLB) earnings time?

Core Laboratories N.V. (CLB) earnings time is at Jul 23, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CLB EPS forecast?

CLB EPS forecast for the fiscal quarter 2025 (Q2) is 0.19.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing