Baker Hughes sees 6-8 weeks lost revenue from Iraq 'disruption'

theflyonthewall.com

Baker Hughes said in conference presentation slides that a "significant business disruption" occurred in Iraq on November 9. At the time of the disruption, Iraq contributed around $50M of revenue per month, it added. Baker Hughes said resumption of the operations is in "process and ongoing." The company expects 6 – 8 weeks of lost revenue from the disruption.

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