Baker Hughes Beats Expectations With Q4 Results ...Middle East

OILPRICE - Economy
Baker Hughes Beats Expectations With Q4 Results
source : OILPRICE ( Middle East ) () 68
Baker Hughes reported better-than-expected financial results for the fourth quarter of 2024 on the back of a stronger natural gas technology business. Fourth-quarter profit was up by a sizable 54% on the previous quarter, while the full-year net result booked a whopping 168% increase, from $439 million to $1.179 billion, the company said. Baker Hughes also reported a solid rise in cash flow from operating activities, at $1.189 billion as of end-2024 versus $932 million at end-2023, and free cash flow of $894 million at end-2024 versus $633 million…

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