Baker Hughes Company (BKR) Tops Q2 EPS by 8c

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Go back to Baker Hughes Company (BKR) Tops Q2 EPS by 8c

Baker Hughes Company Announces Second-Quarter 2024 Results

July 25, 2024 5:00 PM EDT

Second-quarter highlights

Orders of $7.5 billion, including $3.5 billion of IET orders.RPO of $33.5 billion, including record IET RPO of $30.2 billion.Revenue of $7.1 billion, up 13% year-over-year.Net income attributable to the Company of $579 million.GAAP diluted EPS of $0.58 and adjusted diluted EPS* of $0.57.Adjusted EBITDA* of $1,130 million, up 25% year-over-year.Cash flows from operating activities of $348 million and free cash flow* of $106 million.Returns to shareholders of $375 million, including $166 million of share repurchases.

HOUSTON and LONDON, July 25, 2024... More