GM Posts Strong First Quarter, Raises Full-Year Guidance
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GM boosts full-year guidance after strong Q1 beat; still sees 'variable profit' in EV unit by year end
GM kept the earnings momentum going with strong first quarter results, resulting in the automaker upping its full-year guidance. GM also still sees "positive variable profit" in its EV business in the back half of 2024 as well.
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Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance
First quarter revenue of $1,358 million increased 15% year-over-year, led by international growth of 21%First quarter operating income of $233 million increased 26% year-over-yearFirst quarter net income of $112 million, an 8.2% margin, increased 56% year-over-yearFirst quarter adjusted EBITDA of $336 million, a 24.7% margin and the highest in over 15 years, increased 25% and 206 basis points year-over-yearCash provided by operating activities of $131 million, and adjusted free cash flow of...
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Philip Morris International Reports First-Quarter 2024 Results and Updates Full Year Guidance
STAMFORD, CT, April 23, 2024--Regulatory News: Philip Morris International Inc. (PMI) (NYSE: PM) today announces its 2024 first-quarter results1.