07:12 AM EDT, 04/19/2024 (MT Newswires) -- Schlumberger ( SLB ) reported non-GAAP Q1 earnings Friday of $0.75 per diluted share, up from $0.63 a year earlier.

Analysts polled by Capital IQ expected $0.75.

Revenue for the quarter ended March 31 was $8.71 billion, up from $7.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.7 billion.

The company's board approved a quarterly cash dividend of $0.275 per share, payable on July 11 to stockholders of record on June 5.

Shares of the oil services firm were down 1% in recent Friday premarket activity.