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Baker Hughes revenue rises 2.4 percent

Baker Hughes revenue rises 2.4 percent© Reuters. FILE PHOTO: A Baker Hughes sign is displayed outside the oil logistics company’s local office in Sherwood Park

(Reuters) – Baker Hughes, the oilfield services company controlled by GE, reported a 2.4 percent rise in quarterly revenue, helped by a jump in service orders.

The company reported adjusted net income of $41 million, or 10 cents per share, in the second quarter ended June 30.

Total revenue rose to $5.55 billion from $5.42 billion.

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Source: Investing.com

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