Baker Hughes: Q1 Earnings Snapshot
- Baker Hughes Co. Reported its first-quarter results on Tuesday.
- Lower volumes in energy segments primarily drove sequential declines in earnings.
- The Houston-based company posted $402 million in net income for the period.
- Adjusted earnings reached 51 cents per share, beating analyst expectations.
- Baker Hughes shares closed higher on the Nasdaq following the report.
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Helix Energy: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Helix Energy Solutions Group Inc. (HLX) on Wednesday reported profit of $3.1 million in its first quarter. On a per-share basis, the Houston-based company said it had profit of 2 cents. The offshore oil and gas services contractor posted revenue of $278.1 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Z…

Baker Hughes: Q1 Earnings Snapshot
HOUSTON (AP) — HOUSTON (AP) — Baker Hughes Co. (BKR) on Tuesday reported first-quarter net income of $402 million. On a per-share basis, the Houston-based company said it had net income of 40 cents. Earnings, adjusted for non-recurring costs, came to 51 cents per share. The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. The oilfield services…
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