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CM - Baker Hughes earns $271MM on $23.8B of revenue in 2019 - January 2020
In 2019, the year Baker Hughes regained much of its autonomy from GE, the company earned $271 million in 2019 on $23.8 billion of revenue, compared with $259 million on $22.9 billion of revenue YOY. In 4Q19, it earned $48 million on $6.35 billion of revenue compared with $57 million in 3Q19 and $131 million in 4Q18, on revenue that was up, respectively by 8% and 1%. Baker Hughes was the only one of......
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