Baker Hughes Q3 orders up 40% YoY to $8.5B, revenue up 24% to $6.6B, adjusted EPS $0.42

Baker Hughes Co

Orders of $8.5B (+40% YoY); revenue $6.6B (+24% YoY).
Net income $518M vs loss $17M a year ago; adjusted EPS $0.42 vs $0.26 YoY.
Adjusted EBITDA $983M (+30% YoY); free cash flow $592M (+42% YoY).
Board approved quarterly cash dividend of $0.20 per share.
CEO cited strong LNG project pipeline and large awards from Venture Global and Vår Energi.

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