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More on Baker Hughes' (BHI) Q3 results: Operating income fell 27% Q/Q due to margin pressure...
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Friday, October 19, 2012, 8:36 AM ETMore on Baker Hughes' (BHI) Q3 results: Operating income fell 27% Q/Q due to margin pressure across all regions globally. North American margins narrowed to 11.7% from 13.4%, negatively affected by ongoing price declines in the pressure pumping market. Overall revenues and margins globally were less than the company had anticipated. BHI -3.8% premarket.
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