Halliburton revenue jumps 34 pct

HALLIBURTON-RESULTS/ (URGENT)Halliburton revenue jumps 34 pct
Halliburton revenue jumps 34 pct New Delhi: Oilfield services provider Halliburton Co reported a 34 percent jump in first-quarter revenue on Monday as rising oil prices prompted North American companies to boost oil and gas production.

Net income attributable to Halliburton was $46 million, or 5 cents per share to shareholders, for the three months ended March 31.

The company posted a net attributable loss of $32 million, or 4 cents per share to shareholders, in the same quarter a year earlier.

Revenue rose to $5.74 billion from $4.28 billion.