Baker Hughes Q1 revenue $5.7B (+18% YoY); orders $7.6B; adj. EPS $0.28

Baker Hughes Co

Orders of $7.6B, up 12% YoY; revenue $5.7B, up 18% YoY.
GAAP operating income $438M (up $160M YoY); adjusted operating income $512M (+47%).
GAAP diluted EPS $0.57 (incl. $0.28 adjusting items); adjusted diluted EPS $0.28.
Operating cash flow $461M; free cash flow $197M.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.7

Baker Hughes Co reported the quarter ended March 31, 2023 results: revenue $5.7 billion, EPS $0.57.

Period: the quarter ended March 31, 2023
Revenue: $5.7 billion
EPS: $0.57
Result: reported results

Exact text from the filing

release. --- EX-99.1 (EX-99.1) --- Baker Hughes Company Announces First Quarter 2023 Results • Orders of $7.6 billion for the quarter, up 12% year-over-year. • Revenue of $5.7 billion for the quarter, up 18% year-over-year. • GAAP operating income of $438 million for the quarter, up $160 million year-over-year. • Adjusted operating income (a non-GAAP measure)

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Source: SEC EDGAR

accession 0001701605-23-000047

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