Core Lab cuts Q1 2026 revenue outlook to USD 119 million-123 million

Reuters03-24

Core Lab cuts Q1 2026 revenue outlook to USD 119 million-123 million

Core lowered its guidance, citing Middle East conflict-related instability that has led to client-driven project delays, travel constraints, and supply-chain disruptions.
Revenue is now expected to be USD 119.0 million to USD 123.0 million.
Operating income, ex-items, is projected at USD 5.7 million to USD 7.1 million.
Earnings per share, ex-items, is forecast at USD 0.05 to USD 0.07.
Operational impacts include constraints tied to damage to oil refining infrastructure and storage terminals, with logistical delays affecting project execution through the Strait of Hormuz.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Laboratories Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-119934), on March 23, 2026, and is solely responsible for the information contained therein.

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