Baker Hughes (BHI) Misses Q4 EPS by 19c

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Baker Hughes Announces Fourth Quarter and Annual Results

January 26, 2017 6:30 AM EST

Revenue of $2.4 billion for the quarter, up 2% sequentially. Full-year revenue was $9.8 billion GAAP net loss attributable to Baker Hughes of $417 million for the quarter includes the negative impact of $291 million of adjusting items and $107 million of income taxes Adjusted EBITDA (non-GAAP measure) was $266 million for the quarter and $493 million for the year Cash flows from operating activities were $632 million for the quarter and $4.2 billion for the year

HOUSTON--(BUSINESS WIRE)-- Baker Hughes Incorporated (NYSE:... More