Baker Hughes, a GE company (BHGE) Misses Q3 EPS by 1c, Revenues Miss

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Baker Hughes, a GE company Announces Third Quarter 2018 Results

October 30, 2018 6:45 AM EDT

Orders of $5.7 billion for the quarter, down 5% sequentially and flat year-over-year Revenue of $5.7 billion for the quarter, up 2% sequentially and up 7% year-over-year GAAP operating income of $282 million for the quarter, increased $204 million sequentially and increased $475 million year-over-year Adjusted operating income (a non-GAAP measure) of $377 million for the quarter, up 30% sequentially and up $207 million year-over-year* GAAP diluted earnings per share of $0.03 for the quarter which included $0.16 per share of adjusting items. Adjusted diluted earnings per share (a non-GAAP... More