Core Laboratories N.V. provided earnings guidance for the first quarter of 2022. Core anticipates typical seasonal effects to impact the first quarter of 2022, with first quarter revenue down low to mid-single digits, sequentially. Core projects first quarter 2022 revenue to range from $117,000,000 to $122,000,000 and operating income of $11,900,000 to $14,000,000, yielding operating margins of approximately 11%.

EPS for the first quarter of 2022 is expected to be approximately $0.16 to $0.20.