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The company's revenue from North America jumped nearly 58
percent to $3.52 billion in the three months ended March 31,
while revenue from international operations rose 9 percent.
Total revenue jumped to $5.74 billion from $4.28 billion.
Halliburton said it took a charge of $312 million in the quarter
as it wrote down investments in Venezuela, which is struggling
with political and economic challenges.
Adjusting for items, Halliburton posted a profit of 41 cents per
share in the latest reported quarter, in line with analysts'
estimates, according to Thomson Reuters I/B/E/S.
Oilfield services companies were impacted by harsh weather
conditions in the first quarter.
Halliburton warned of 10 cents per share hit to first-quarter
earnings in February due to delays in deliveries of sand used in
fracking.
Net income attributable to Halliburton was $46 million, or 5
cents per share to shareholders, in the three months ended March
31.
The company posted a net attributable loss of $32 million, or 4
cents per share to shareholders, in the same quarter a year
earlier.
(Reporting by Yashaswini Swamynathan in Bengaluru; Editing by
Sriraj Kalluvila)
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