Baker Hughes Announces First-Quarter 2025 Results

Details

The company reported a revenue of $6.427 billion, with GAAP diluted EPS of $0.40 and adjusted diluted EPS of $0.51. Net income attributable to Baker Hughes was $402 million. The company also reported a decrease in orders and revenue year-over-year and sequential. Additionally, Baker Hughes provided a financial outlook for the year and shared details about significant strategic wins in key markets.

Items reported

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About Baker Hughes Company

Baker Hughes Company is a global energy technology provider that plays a critical role in the oil and gas sector. The company's primary function is to deliver integrated oilfield products, services, and digital solutions that optimize the development and management of hydrocarbon resources. With a comprehensive portfolio that includes drilling services, completion technologies, and innovative carbon reduction strategies, Baker Hughes serves a diverse range of clients, including oil and gas companies, both onshore and offshore. The company is also at the forefront of advancing cleaner energy technologies, emphasizing innovation in energy efficiency and emission reduction. Founded in 1907 and headquartered in Houston, Texas, Baker Hughes is a pivotal player in the energy market, influencing technology-driven transformations and operational efficiencies throughout the industry. Its integration of advanced data analytics and digital solutions showcases its commitment to enhancing the performance and sustainability of energy production worldwide.