04:58 PM EDT, 04/23/2024 (MT Newswires) -- Weatherford International ( WFRD ) reported Q1 net income late Tuesday of $1.50 per diluted share, up from $0.97 per share a year earlier.

Analysts polled by Capital IQ expected $1.48.

Revenue for the quarter ended March 31 rose to $1.36 billion from $1.19 billion a year earlier. Analysts surveyed by Capital IQ expected $1.32 billion.

The company's shares were up 4.2% in after-hours activity.