Baker Hughes (BHGE) Misses Q3 EPS by 10c

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Baker Hughes, a GE company Announces Third Quarter Results

October 20, 2017 6:45 AM EDT

Orders of $5.7 billion for the quarter, up 2% sequentially and 18% year-over-year on a combined business basis* Revenue of $5.4 billion for the quarter, down 1% sequentially and flat year-over-year on a combined business basis GAAP operating loss was $122 million for the quarter decreased 17% sequentially and decreased 22% year-over-year on a combined business basis Adjusted operating income (a non-GAAP measure) was $240 million for the quarter, up 105% sequentially and down 13% year-over-year on a combined business basis GAAP net loss per share of... More