Baker Hughes Company (BKR) Misses Q3 EPS by 3c

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Baker Hughes Company Announces Third Quarter 2019 Results

October 30, 2019 6:45 AM EDT

Orders of $7.8 billion for the quarter, up 19% sequentially and up 35% year-over-year Revenue of $5.9 billion for the quarter, down 2% sequentially and up 4% year-over-year GAAP operating income of $297 million for the quarter, increased 10% sequentially and increased 5% year-over-year Adjusted operating income (a non-GAAP measure) of $422 million for the quarter, up 17% sequentially and up 12% year-over-year* GAAP diluted earnings per share of $0.11 for the quarter which included $0.10 per share of adjusting items. Adjusted diluted earnings per share (a non-GAAP measure) were $0.21* Cash flows generated from operating activities were... More