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Baker Hughes Announces Fourth-Quarter and Full-Year 2023 Results
BKRBaker Hughes(BKR) Newsfilter·2024-01-23 22:00

Fourth-quarter highlights IET orders of 3,030million,thefifthconsecutivequarterabove3,030 million, the fifth consecutive quarter above 3 billion.Net income attributable to the Company of 439million,up439 million, up 257 million year-over-year.GAAP diluted EPS of 0.43andadjusteddilutedEPSof0.43 and adjusted diluted EPS* of 0.51.Adjusted EBITDA* of 1,091million,above1,091 million, above 1 billion for the first time in company history.Cash flows from operating activities were 932millionandfreecashflowwas932 million and free cash flow* was 633 million.Shareholder distributions of 521million,including521 million, including 320 million of share rep ...