AMSTELVEEN, Netherlands (AP) — AMSTELVEEN, Netherlands (AP) — Core Laboratories NV (CLB) on Wednesday reported first-quarter profit of $2.4 million.

On a per-share basis, the Amstelveen, Netherlands-based company said it had net income of 5 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 19 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The energy services company posted revenue of $128.4 million in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $126.3 million.

For the current quarter ending in June, Core Laboratories said it expects revenue in the range of $130 million to $135 million.

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