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Baker Hughes Gains on Earnings Beat; Shuffle at Top

Baker Hughes Gains on Earnings Beat; Shuffle at Top

Energy and industrial solutions provider (NASDAQ:BKR) has delivered better than estimated numbers for the third quarter on the bottom-line front.

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Revenue increased 5.5% over the prior year to $5.37 billion but missed the cut by ~$60 million. Adjusted EPS at $0.26, on the other hand, came in ahead of expectations by $0.02.

Additionally, the company has named the former EVP and CFO of Newmont, Nancy Buese as its new CFO.

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