Q2 2026 revenue fell 8% year-over-year to $1.1 billion, with declines across all segments and geographies, mainly due to the Iran Conflict and lower activity in key regions. Operating income dropped 55%, and net income attributable to shareholders was $39 million. Liquidity remains strong, and the…
Q2 2026 revenue fell 8% year-over-year to $1.1 billion, with declines across all segments and geographies, mainly due to the Iran Conflict and lower activity in key regions. Operating income dropped 55%, and net income attributable to shareholders was $39 million. Liquidity remains strong, and the company is pursuing a U.S. redomestication and a strategic acquisition.
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