Baker Hughes Improves Quarterly Profit

Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019.

The result compares with $13 million profit in Q3 2018, and $9 million loss sequentially.

Adjusted net income (non-GAAP) attributable to Baker Hughes was $114 million, up 46% from same time last year. Adjusted diluted earnings per share were 21 cents per share.

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