Baker Hughes profit slides on weak North American drilling activity
Oct 19 (Reuters) - Baker Hughes Inc, the world's third-largest oilfield services company, reported a 60 percent drop in earnings as a drop in North American drilling activity led to weaker prices for its services.
Net income attributable to Baker Hughes fell to $279 million, or 63 cents per share, in the third quarter from $706 million, or $1.61 per share, a year earlier.
Revenue rose 3 percent to $5.23 billion.
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