Baker Hughes (BHGE) Tops Q1 EPS by 3c

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Baker Hughes, a GE company Announces First Quarter 2018 Results

April 20, 2018 6:45 AM EDT

Orders of $5.2 billion for the quarter, down 8% sequentially and up 9% year-over-year on a combined business basis* Revenue of $5.4 billion for the quarter, down 7% sequentially and up 1% year-over-year on a combined business basis GAAP operating loss of $41 million for the quarter, decreased 63% sequentially and increased unfavorably year-over-year on a combined business basis Adjusted operating income (a non-GAAP measure) of $228 million for the quarter, down 20% sequentially and down 19% year-over-year on a combined business basis GAAP diluted earnings per share of $0.17... More