Home / Technology / Baker Hughes beats profit estimates on industrial, energy tech unit strength

Baker Hughes beats profit estimates on industrial, energy tech unit strength

Oilfield services provider Baker Hughes surpassed Wall Street expectations for third-quarter profit on Thursday, helped by strength in its industrial and energy technology unit.

As oilfield services firms navigate a volatile market, resilient areas like LNG infrastructure, power grid upgrades, and growing electricity demand from data centers are helping support growth.
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Baker has been also leaning on its industr… [555 chars]

Source: Reuters | Published: 2025-10-23T21:04:15Z

Credit: Reuters

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