Halliburton Q1 revenue falls on weak oil prices

April 20, 2015 3:15 PM

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Halliburton Q1 revenue falls on weak oil prices

Halliburton Co. (HAL) said Monday its revenue and earnings for the first quarter fell as falling oil prices and the sluggish energy market worldwide took a toll.

The Houston-based provider of oil field services booked $418 million of net income from continuing operations, down from $623 million a year ago. Revenue fell 4% year-over-year to $7.1 billion.

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