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Halliburton third-quarter net income rises 19% [View All]

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douglas9

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Mon Oct-22-07 05:33 AM
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Halliburton third-quarter net income rises 19%

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Source: Associated Press

HOUSTON (AP) - Halliburton said today its earnings rose 19% in the third quarter, as the company continues to expand its business in the Eastern Hemisphere.

The Houston-based oilfield services company reported net income of $727 million, or 79 cents a share, in the July-September period. That's compared to income of $611 million, or 58 cents a share, in the year-ago period.

The most-recent results included a favorable income tax impact valued at $133 million, or 15 cents a share.

Third-quarter revenue rose 16% to $3.93 billion.

Read more: http://www.kxan.com/global/story.asp?s=7243925&ClientType=Printable

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