Baker Hughes Company ( (BKR) ) has provided an announcement.
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Baker Hughes Company reported strong third-quarter 2024 financial results, highlighting a revenue increase to $6.9 billion and a net income of $766 million. The company achieved a record EBITDA margin of 17.5%, driven by robust orders in its Industrial & Energy Technology segment. Key achievements included significant contracts in gas infrastructure and FPSO projects, demonstrating Baker Hughes’ commitment to operational excellence and strategic growth in the energy sector.
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