Baker Hughes Company (BKR) Tops Q4 EPS by 3c

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Go back to Baker Hughes Company (BKR) Tops Q4 EPS by 3c

Baker Hughes Announces Fourth-Quarter and Full-Year 2023 Results

January 23, 2024 5:00 PM EST

Fourth-quarter highlights

IET orders of $3,030 million, the fifth consecutive quarter above $3 billion.Net income attributable to the Company of $439 million, up $257 million year-over-year.GAAP diluted EPS of $0.43 and adjusted diluted EPS* of $0.51.Adjusted EBITDA* of $1,091 million, above $1 billion for the first time in company history.Cash flows from operating activities were $932 million and free cash flow* was $633 million.Shareholder distributions of $521 million, including $320 million of share... More