Here with me are our Chairman and CEO, Lorenzo Simonelli; and our CFO, Nancy Buese. The earnings release we issued yesterday evening can be found on our website at bakerhughes.com. We will also be ...
Adjusted EBITDA Margin: Increased by 1.8 percentage points year on year to 17.8% in Q4. Free Cash Flow: $894 million in Q4; record annual free cash flow of $2.3 billion. Adjusted Earnings Per Share ...
"This year's theme, Progress at Scale, reflects the need for sustainable energy development to drive lasting change across energy and industry," said Lorenzo Simonelli, Chairman and CEO of Baker ...
Despite seismic US policy shifts under President Donald Trump’s nascent second term, Baker Hughes chief executive Lorenzo Simonelli still sees customer orders for decarbonisation and efficiency ...
Lorenzo Simonelli, Chairman and CEO, highlighted that Baker Hughes exceeded the midpoint of its EBITDA guidance for the eighth consecutive quarter. He noted record-breaking results for revenue ...
Baker Hughes reported its fourth-quarter 2024 earnings, surpassing analysts’ expectations with an earnings per share (EPS) of $0.70, compared to the forecasted $0.63. The company also exceeded revenue ...
"We expect 2025 to demonstrate another strong year of EBITDA growth, led by our IET segment," CEO Lorenzo Simonelli said. "We remain confident in achieving our 20% EBITDA margin targets for OFSE ...
“As power demand surges, LNG has a critical role to play in providing a reliable, flexible fuel source that can be quickly scaled to meet rising demand,” Lorenzo Simonelli, the chairman and ...
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