when it pulled in $6 million, its first profitable quarter since 2019 when the company emerged from chapter 11 bankruptcy.
“I am proud of and encouraged by our progress in strengthening our company and balance sheet,” said Weatherford CEO Girish Saligram. “The successful amendment of the credit facility and our ability to pay down debt meaningfully underscores the substantial improvements we have made and allows us greater flexibility to drive growth and scale into our business.
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