Baker Hughes Publishes Third-Quarter 2026 Earnings Call Transcript

Bitget2026/10/28 14:45

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Baker Hughes' third-quarter 2026 earnings call featured CEO Lorenzo Simonelli, CFO Ahmed Moghal and investor relations vice president Chase Mulvehill.
Management raised full-year IET orders guidance to $21.5 billion-$23.5 billion, lifting its 2026-2028 target above $50 billion.
Full-year adjusted EBITDA guidance rose to a $5.27 billion midpoint; fourth-quarter adjusted EBITDA is forecast at $1.46 billion.
Longer equipment delivery schedules imply more modest revenue growth in 2027, with a greater share of backlog converting beyond that year.
Chart integration actions represent $70 million in annualized savings toward a $325 million target within three years of the acquisition closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baker Hughes Company published the original content used to generate this news brief on October 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Baker Hughes Publishes Third-Quarter 2026 Earnings Call Transcript

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