Baker Hughes (BHI) Misses Q2 EPS by 31c

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Baker Hughes Announces Second Quarter Results

July 28, 2016 7:02 AM EDT

Revenue of $2.4 billion for the quarter, down 10% sequentially and 39% year-over-year GAAP net loss per share of $2.08 for the quarter, includes $1.18 per share of adjusting items Cash flows from operating activities were $3.6 billion for the quarter Bond purchases of $1 billion face value and share repurchases of $500 million during the quarter

HOUSTON--(BUSINESS WIRE)-- Baker Hughes Incorporated (NYSE: BHI) announced today results for the second quarter of 2016.

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