Baker Hughes revenue rises 2.4 percent

July 20, 2018

(Reuters) – Baker Hughes, the oilfield services company controlled by GE, reported a 2.4 percent rise in quarterly revenue, helped by a jump in service orders.

The company reported adjusted net income of $41 million, or 10 cents per share, in the second quarter ended June 30.

Total revenue rose to $5.55 billion from $5.42 billion.

(Reporting by Laharee Chatterjee in Bengaluru; Editing by Sriraj Kalluvila)

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July 20, 2018 at 04:30PM
from One America News Network