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Baker Hughes reports bigger quarterly loss

Published 2016-04-27, 08:04 a/m
© Reuters.  Baker Hughes reports bigger quarterly loss

April 27 (Reuters) - Oilfield services provider Baker Hughes
Inc BHI.N reported a bigger quarterly loss, hurt by a
continued decline in drilling activity.
Net loss attributable to Baker Hughes widened to $981
million, or $2.22 per share, in the first quarter ended March
31, from $589 million, or $1.35 per share, a year earlier.
Revenue fell 41.9 percent to $2.67 billion.

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