Home Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks
 

Keywords :   


Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks

2020-04-22 15:06:36| OGI

Oilfield firm Baker Hughes Co. reported a $10 billion loss and lower-than-expected revenue in the first quarter on April 22 as an 80% plunge in oil prices crushed demand for services and equipment.

Tags: reports loss miss demand

Category:Industrial Goods and Services

Latest from this category

All news

»
16.12Waste World - Episode 45: AI-Powered Waste Solutions (WasteExpo 2025)
16.12New Initiative Promotes US Biofuels for Maritime Market
16.12UK unemployment rate rises slightly to 5.1%
16.12Empty shelves fill food hub volunteers with dread
16.12Nissan begins building new Leaf in UK
16.12Ben & Jerry's row deepens as three board members removed
16.12Meet the biggest heat pumps in the world
16.12UK launches taskforce to 'break down barriers' for women in technology
More »