More on Baker Hughes' (BHI) Q3 results: Operating income fell 27% Q/Q due to margin pressure...

|About: Baker Hughes Inc. (BHI)|By:, SA News Editor

More 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.