April 30, 2019 / 10:55 AM / 3 months ago

GE's Baker Hughes first-quarter adjusted profit doubles

April 30 (Reuters) - Oilfield services provider Baker Hughes said its adjusted profit doubled in the first quarter, boosted by higher demand for its equipment and services.

The General Electric Co’s unit said adjusted net income attributable to the company rose to $76 million, or 15 cents per share, in the three months ended March 31, from $38 million, or 9 cents per share, a year earlier.

Total revenue rose to $5.62 billion from $5.40 billion. (Reporting by Debroop Roy in Bengaluru; Editing by James Emmanuel)

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