Baker Hughes Company ( (BKR) ) has released its Q1 earnings. Here is a breakdown of the information Baker Hughes Company presented to its investors.
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Baker Hughes is an energy technology company that provides solutions for energy and industrial customers worldwide, operating in over 120 countries with a focus on making energy safer, cleaner, and more efficient. In its first-quarter 2025 earnings report, Baker Hughes highlighted strong performance with $6.5 billion in orders and a revenue of $6.4 billion, maintaining consistency year-over-year. The company reported a net income of $402 million and an adjusted EBITDA of $1,037 million, reflecting a 10% increase from the previous year. Key achievements include significant orders in the Industrial & Energy Technology segment and strategic agreements in the LNG and gas infrastructure markets. Despite a challenging macroeconomic environment, Baker Hughes remains confident in its strategy and portfolio resilience, aiming for sustainable growth and enhanced shareholder value.