Baker Hughes Q4 record orders $8.0B (+20% YoY), rev $5.9B (+8%), adj EPS $0.38

Baker Hughes Co

2022-FY EPS reported -$0.61 revenue$21,156,000,000

Record Q4 orders $8.0B, up 32% sequentially and 20% YoY; full-year orders $26.8B.
Q4 revenue $5.9B, up 10% sequentially and 8% YoY; GAAP operating income $663M.
Adjusted EPS $0.38 vs GAAP $0.18; adjusting items $0.20 per share.
Q4 operating cash flow $898M, free cash flow $657M.
Oilfield Services & Equipment segment orders $3.7B; Gas Technology orders $3.4B.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Baker Hughes Co reported financial results for the quarter and year ended December 31, 2022.

Period: the quarter and year ended December 31, 2022
Result: reported results

Exact text from the filing

On January 23, 2023, Baker Hughes Company (the “Company”) issued a news release announcing its financial results for the quarter and year ended December 31, 2022, a copy of which is furnished with this Form 8-K as Exhibit 99.1 and incorporated herein by reference.

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Source: SEC EDGAR

accession 0001701605-23-000012

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