Weatherford International PLC Ordinary Shares - New

WFRD: XNAS (USA)
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Weatherford Earnings: Good Cash Management and Discipline Despite Industry Headwinds

Weatherford's third-quarter segment adjusted EBITDA margin declined 336 basis points year over year, but improved 74 basis points sequentially to 21.8% on $1.23 billion revenue. The firm's adjusted FCF rose by 25% to $99 million sequentially.

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