Baker Hughes (BHGE) Tops Q4 EPS by 1c

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Baker Hughes, a GE company Announces Fourth Quarter and Total Year 2017 Results

January 24, 2018 6:45 AM EST

Orders of $5.8 billion for the quarter, up 1% sequentially and down 2% year-over-year on a combined business basis* Revenue of $5.8 billion for the quarter, up 7% sequentially and down 3% year-over-year on a combined business basis GAAP operating loss of $92 million for the quarter, decreased 25% sequentially and increased unfavorably year-over-year on a combined business basis Adjusted operating income (a non-GAAP measure) of $303 million for the quarter, up 26% sequentially and down 16% year-over-year on a combined business basis GAAP net loss per share... More