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[CLB] Core Laboratories N.V.

Symbol: CLB

10/22/2008 08:03pm
Core Laboratories N.V. Reports Q3 $1.60 v $1.59e, R $202.5M v $206Me

- Guides Q4 $1.66-$1.69 v $1.69e, R $205M-$210M v $214.4Me
- Guides FY08 $6.14-$6.17 v $6.16e
- Guides 2008 CAPEX at $25M
- Core expects 2009 capital expenditures to approximately equal the Company's depreciation in 2009, ranging between $20,000,000 and $25,000,000 for the year.
- Due to incomplete budget plans at many of the Company's clients, Core will issue first-quarter and full-year 2009 revenue and earnings guidance upon completion of their review.


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