Baker Hughes Posts 1st Qtr 2020 Financial Results, 4/24/2020

Another loss for one of the big players.   Baker Hughes posted a profit for 2019, yet, I do not believe that a 2 week shutdown in March due to COVID-19 is going to cause a $10 billion loss in the 1st Qtr.  of 2020.

Baker Hughes logo

In millions of dollars,
Total Income  $5,425
Net Income  $-10,210
Total Assets  $37,229
Total Liabilities  $19,244
Total Equity  $17,985

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