secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0001701605-23-000076
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000170160523000076/0001701605-23-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/808362/000170160523000076/bkr-20231025.htm
  HTML page:      https://secwatch.observer/filing/0001701605-23-000076

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer