Baker Hughes, a GE company (BHGE) Reports In-Line Q4 EPS, Revenues Beat

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Baker Hughes, a GE company Announces Fourth Quarter and Total Year 2018 Results

January 31, 2019 6:45 AM EST

Orders of $6.9 billion for the quarter, up 20% sequentially and up 21% year-over-year Revenue of $6.3 billion for the quarter, up 11% sequentially and up 8% year-over-year GAAP operating income of $382 million for the quarter, increased $100 million sequentially and increased $493 million year-over-year Adjusted operating income (a non-GAAP measure) of $498 million for the quarter, up 32% sequentially and up $214 million year-over-year* GAAP diluted earnings per share of $0.28 for the quarter which included $(0.02) per share of adjusting items. Adjusted diluted earnings per share (a non-GAAP measure)... More