secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001701605-23-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Baker Hughes Q2 adjusted EPS $0.39, revenue $6.3B; orders up 28% YoY to $7.5B
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- Revenue $6.3B (+25% YoY); net income $410M vs loss of $839M a year ago.
- GAAP diluted EPS $0.40; adjusted diluted EPS $0.39, up from $0.11 YoY.
- Adjusted EBITDA $907M (+39% YoY); free cash flow $623M.
- Orders $7.5B (+28% YoY), driven by IET and OFSE segments; ~$150M New Energy orders.
- Outlook: constructive on international/offshore spending; LNG FIDs expected >65 MTPA in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000170160523000061/0001701605-23-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/808362/000170160523000061/bkr-20230719.htm
  HTML page:      https://secwatch.observer/filing/0001701605-23-000061

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