Baker Hughes Company (BKR) Misses Q4 EPS by 3c, Revenues In-Line

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Go back to Baker Hughes Company (BKR) Misses Q4 EPS by 3c, Revenues In-Line

Baker Hughes Company Announces Fourth Quarter and Total Year 2021 Results

January 20, 2022 7:00 AM EST

Orders of $6.7 billion for the quarter, up 24% sequentially and up 28% year-over-year Revenue of $5.5 billion for the quarter, up 8% sequentially and flat year-over-year GAAP operating income of $574 million for the quarter, up 52% sequentially and favorable year-over-year Adjusted operating income (a non-GAAP measure) of $571 million for the quarter, up 42% sequentially and up 23% year-over-year Adjusted EBITDA* (a non-GAAP measure) of $844 million for the quarter was up 27% sequentially and up 10% year-over-year GAAP diluted earnings per share of $0.32 for the quarter which included $(0.08) per share of adjusting items. Adjusted... More