Halliburton books $1.1 billion charge, slashes spending by 50%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/28/2026
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run
- Oil settles up 2% after Trump rejects return to Iran ceasefire deal terms
- Could SpaceX's orbital compute avoid the political headwinds facing data centers?
- Could Meta's teen settlement be less painful than feared? Citi weighs in
- First Financial to acquire Hickory Point Bank in $111.3M deal
- Nasdaq, S&P 500 lifted by Nvidia's forecast; investors eye speech by Fed's Warsh
- Affirm Holdings (AFRM) Tops Q4 EPS by $3.77, Beats on Revenue
- Ovintiv adds 41,000 acres in Permian and Montney deals
- Russia says it could strike UK military targets in response to Kyiv's use of British missiles
Baker Hughes Company (BKR) Reports In-Line Q1 EPS, Revenues Miss
April 22, 2020 7:06 AM EDTBaker Hughes Company (NYSE: BKR) reported Q1 EPS of $0.11, in-line with the analyst estimate of $0.11. Revenue for the quarter came in at $5.43 billion versus the consensus estimate of $5.63 billion.
Orders of $5.5 billion for the quarter, down 20% sequentially and down 3% year-over-yearRevenue of $5.4 billion for the quarter, down 15% sequentially and down 3% year-over-yearGAAP operating loss of $16,059 million for the quarter, down sequentially and year-over-yearAdjusted operating income (a non-GAAP measure) of $240 million for the quarter, down 56% sequentially and down 12% year-over-yearGAAP diluted loss per share of $(15.64) for the quarter which included $15.75 per share... More