Oilfield services provider Baker Hughes reported a rise in its third quarter 2019 profit as its orders grew by 35 percent when compared to the same period last year.
According to its quarterly report on Wednesday, Baker Hughes’ orders were $7.8 billion in the third quarter 2019, up 35% year-over-year when its orders were $5.7 billion.
The company recorded revenues of $5.9 billion for the third quarter 2019, down 2% sequentially and up 4% year-over-year.
Leave a comment