Baker Hughes misses by $0.11, reports revs in-line (53.63)
Reports Q3 (Sep) earnings of $1.02 per share, excluding non-recurring items, $0.11 worse than the Capital IQ Consensus Estimate of $1.13; revenues rose 5.3% year/year to $6.25 bln vs the $6.28 bln consensus.
- Adjusted EBITDA in the third quarter of 2014 was a record high of $1,188 million, an increase of $29 million, or 3%, compared to the second quarter of 2014 and an increase of $170 million compared to the third quarter of 2013.