Baker Hughes Logs Higher Adjusted Profit
News Source : Rigzone
News Summary
- Baker Hughes reported $678 million in adjusted net income for the third quarter.
- Revenue rose one percent sequentially and year-on-year to $7.01 billion.
- The increase was driven by the industrial and energy technology (IET) segment.OFSE orders in Q3 2025 totaled $4.07 billion, up 16 percent quarter on quarter and seven percent year on year.
- The Houston, Texas-based company maintained its quarterly dividend at $0.23 per share.
- It had $17.53 billion in current assets including $2.69 billion in cash and cash equivalents.
Baker Hughes Co on Thursday reported $678 million in adjusted net income for the third quarter, up nine percent quarteronquarter and two percent yearonyear.Its adjusted diluted earnings per sha [+3221 chars]
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