Baker Hughes beats quarterly profit estimates on oilfield technology demand
ReutersJan 30, 2025 10:03 PM
Jan 30 (Reuters) - U.S. oilfield technology firm Baker Hughes BKR.O beat Wall Street estimates for fourth-quarter profit on Thursday, helped by demand for its industrial and technology products.
The Houston-based company posted an adjusted profit of 70 cents per share for the three months ended Dec. 31, compared with analysts' average expectation of 63 cents, according to estimates compiled by LSEG.
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