BKR Search Earning | ticker

Login

New Home Sales Durable Goods Orders Nike FedEx FedEx Existing Home Sales Fed Cuts Rates Building Permits and Housing Starts Broadcom

Baker Hughes Company

BKR

Baker Hughes Co increased 1.7% to $30.01 after the oilfield services provider said new orders and revenue rose in double digits in the first quarter.

Revenue increased 19% to $5.7 billion and net income soared to $576 million from $72 million and diluted earnings per share increased to 57 cents from 8 cents a year ago.

North America revenue increased 20% to $992 million and international revenue rose 18% to $2.58 billion. In the quarter, well construction revenue increased 20% to $1.06 billion, completions, interventions and measurements advanced 16% to $909 million, production solutions gained 14% and subsea and surface pressure systems jumped 27% to $670 million.

New orders increased 12% to $7.6 billion from $6.8 billion a year ago and decreased 5% from $8 billion in the fourth quarter.
Apr 19, 2023

More

Year	Q1	Q2	Q3	Q4	Annual

2023	0.57	0.40	0.51	-	-
2022	0.08	-0.84	-0.02	0.17	-0.61
2021	-0.61	-0.08	0.01	0.41	-0.27
2020	-	-	-	-	-14.73
2019	-	-	-	-	0.23
2018	0.17	0.12	-	-	0.45
2017	-	-	-	-	-