(Reuters) – Oilfield technology firm Baker Hughes Co beat first-quarter profit estimates on Wednesday, boosted by higher demand for its services from oil and natural gas producers looking to cash in on a recovery in China and strong prices.
Adjusted net income was $289 million, or 28 cents per share, for the three months ended March 31, compared with the average analyst estimate of 26 cents, according to Refinitiv data.
(Reporting by Arunima Kumar in Bengaluru; Editing by Sriraj Kalluvila)
