Baker Hughes, a GE company (BHGE) Tops Q1 EPS by 2c, Revenues Miss

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Go back to Baker Hughes, a GE company (BHGE) Tops Q1 EPS by 2c, Revenues Miss

Baker Hughes, a GE company Announces First Quarter 2019 Results

April 30, 2019 6:45 AM EDT

Orders of $5.7 billion for the quarter, down 17% sequentially and up 9% year-over-year Revenue of $5.6 billion for the quarter, down 10% sequentially and up 4% year-over-year GAAP operating income of $176 million for the quarter, decreased $206 million sequentially and increased $217 million year-over-year Adjusted operating income (a non-GAAP measure) of $273 million for the quarter, down 45% sequentially and up 20% year-over-year* GAAP diluted earnings per share of $0.06 for the quarter which included $0.09 per share of adjusting items. Adjusted diluted earnings per share (a non-GAAP measure) were $0.15*... More