05:07 PM EDT, 07/23/2024 (MT Newswires) -- Weatherford International ( WFRD ) late Tuesday reported Q2 net income of $1.66 per diluted share, up from $1.12 a year earlier.

Analysts polled by Capital IQ expected $1.69.

Revenue for the quarter ended June 30 was $1.41 billion, up from $1.27 billion a year earlier.

Analysts expected $1.41 billion.

The energy services company also disclosed a dividend of $0.25 per share, payable Sept. 12 to shareholders of record on Aug. 13. It also authorized a $500 million stock buyback program for the nexxt three years.

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