Oilfield Service Company Baker Hughes Posts 11% Rise in Adjusted Quarterly Profit
Baker Hughes' adjusted earnings per share of 78 cents and revenue of $7.39 billion surpassed analysts' estimates, driving an 18% share price increase this year.
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Baker Hughes seeks to double data center equipment order target to $3B (BKR:NASDAQ)
Baker Hughes reported better than expected Q4 adjusted earnings and said it plans to double data center equipment order target to $3B over three years to capitalize on strong power demand.
Baker Hughes: Q4 Earnings Snapshot
Baker Hughes Co. (BKR) on Sunday reported fourth-quarter earnings of $876 million.
Oilfield service company Baker Hughes posts 11% rise in adjusted quarterly profit
Baker Hughes on Sunday reported an 11% rise in adjusted profit for the fourth quarter as demand for its gas technology equipment and services more than offset weakness in its oilfield services and equipment business.
Baker Hughes (NASDAQ:BKR) Releases Earnings Results, Beats Expectations By $0.11 EPS
Baker Hughes (NASDAQ:BKR – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.11, Briefing.com reports. Baker Hughes had a net margin of 10.43% and a return on equity of 14.22%. The firm had revenue of $7.39 […]
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