Baker hughes q1 operating loss -$16.06 billion

Q1 operating loss -16.06 billion usd.q1 revenue 5.425 billion usd.q1 diluted eps loss 15.64 usd.qtrly orders of $5.5 billion for quarter, down 20% sequentially and down 3% year-over-year."looking forward, outlook for oil and gas demand and supply appears equally uncertain".actions to cut costs includes reducing capital expenditures by more than 20%.executing a restructuring plan to right size operations for anticipated activity levels and market conditions.baker hughes - outlook for oil & gas demand, supply will largely be driven by pace of economic recovery from covid-19, supply response that materializes.baker hughes - taken decisive actions to cut costs, accelerate structural changes, deploy technology, optimize processes that can lower costs for customers.q1 earnings per share view $0.11, revenue view $5.63 billion -- refinitiv ibes data.qtrly adjusted earnings per share $0.11.
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