Baker Hughes Company (BKR) Misses Q2 EPS by 6c, Revenue Beats
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Baker Hughes Company Announces Second Quarter 2021 Results
July 21, 2021 7:00 AM EDTOrders of $5.1 billion for the quarter, up 12% sequentially and up 4% year-over-year. Revenue of $5.1 billion for the quarter, up 8% sequentially and up 9% year-over-year. GAAP operating income of $194 million for the quarter, up 18% sequentially and favorable year-over-year. Adjusted operating income (a non-GAAP measure) of $333 million for the quarter was up 23% sequentially and favorable year-over-year. Adjusted EBITDA* (a non-GAAP measure) of $611 million for the quarter was up 9% sequentially and up 38% year-over-year. GAAP loss per share of $(0.08) for the quarter which included $0.18 per share of adjusting items. Adjusted... More
