Baker Hughes Q2 earnings of $579m and 58c per share exceeded analyst expectations, with revenue reaching $7.14bn.

Baker Hughes Co. (BKR) reported a Q2 earnings of $579m and 58c per share, exceeding analyst expectations of 49c, with revenue reaching $7.14bn, surpassing forecasts of $6.81bn. The Houston-based oilfield services firm's net income increased 39% year-on-year, despite a 13% rise in revenue. Shares have climbed 4% since the start of the year.

July 26, 2024
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