US stock movement | Schlumberger (SLB.US) rises nearly 7% as Q3 production system revenue grows 15% year-on-year

Schlumberger (SLB.US) rose nearly 7% on Friday, closing at $52.94. According to its earnings report, Schlumberger's total revenue for the third quarter was approximately $9.449 billion, up 5% quarter-on-quarter and 6% year-on-year. Adjusted earnings per share (Adjusted EPS) reached $0.64, exceeding the market expectation of $0.62, with revenue also surpassing the consensus estimate of about $9.27 billion. The company's net profit attributable to shareholders for the third quarter was $735 million. Adjusted EBITDA was $2.067 billion, with a margin of 21.9%, an increase of 71 basis points from the previous quarter.