Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Baker Hughes reports $5.4bn revenue for Q1 2018

    Baker Hughes reports $5.4bn revenue for Q1 2018

    April 22, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp

    22 April 2018, News Wires – Baker Hughes has announced a revenue $5.4 billion for the quarter of2018, down 7% sequentially and up 1% year-over-year on a combined business basis.

    The company also reported orders of $5.2 billion for the quarter, down 8% sequentially and up 9% year-over-year on a combined business basis.

    GAAP operating loss was $41 million for the quarter, decreasing 63% sequentially and increased unfavorably year-over-year on a combined business basis
    Adjusted operating income (a non-GAAP measure) of $228 million for the quarter, down 20% sequentially and down 19% year-over-year.

     

    • Reuters

    Related News

    Oil prices jump over 3% on US-China tariff reductions

    Oil prices rise, US-China talks fuel optimism

    OPEC April oil output edges lower despite plans for hike, survey finds

    E-book
    Resilience Exhibition

    Latest News

    Schneider Electric’s Panel Builder Programme empower local builders

    May 12, 2025

    IAE 2025: Exploring global partnerships to unlock Africa’s energy potential

    May 12, 2025

    Oil prices jump over 3% on US-China tariff reductions

    May 12, 2025

    AfDB & IsDB partner to tackle fragility and build resilience in Africa

    May 12, 2025

    Oil prices rise, US-China talks fuel optimism

    May 12, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.