Baker Hughes’ revenues fall short of analysts’ predictions in Q4-2019

Baker Hughes has reported disappointing financial results for the fourth quarter of 2019. The US-based oilfield services provider posted revenues of $6.25 billion for the last three months of the year, topping the figure recorded in the same period of 2018 by about 1% but falling short of analysts’ average forecast of $6.47 billion, Reuters reported on January 22.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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