Baker Hughes Company Announces First Quarter 2021 Results
F “F” is used in most instances when variance is above 100%. Additionally, “U” is used in most instances when variance is below (100)%. “We are pleased with our first quarter results as we generated strong free cash flow, continued to drive forward our cost-out efforts, and took further meaningful steps in the execution of our strategy. During the quarter, TPS delivered solid orders and operating income while OFS continued to execute cost-out programs to help drive another strong quarter of margin performance. We also advanced our position in the energy transition, investing in stra...