Baker Hughes (BHGE) Misses Q2 EPS by 4c

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Baker Hughes, a GE company Announces Second Quarter 2018 Results

July 20, 2018 6:45 AM EDT

Orders of $6.0 billion for the quarter, up 15% sequentially and up 9% year-over-year on a combined business basis* Revenue of $5.5 billion for the quarter, up 3% sequentially and up 2% year-over-year on a combined business basis GAAP operating income of $78 million for the quarter, increased $119 million sequentially and increased $223 million year-over-year on a combined business basis Adjusted operating income (a non-GAAP measure) of $289 million for the quarter, up 27% sequentially and up favorably year-over-year on a combined business basis GAAP... More