Baker Hughes Reports Higher Third-Quarter Revenue on Growing Demand
Baker Hughes reported third-quarter profit of $411 million, or 41 cents a share, compared with $609 million a year earlier. The report says growing revenue was supported by increased demand across energy and industrial markets.
By Elias SchisgallBaker Hughes reported a lower profit but growing revenue boosted by an increase in demand across a range of energy and industrial markets.The energy company on Tuesday reported a third-quarter profit of $411 million, or 41 cents a share, compared with a profit of $609 million, or…