Discontinued — last reported Q3 '22

Business Segments · Restructuring Charges

Digital Solutions — Restructuring Charges

This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityVolatile
First reportedQ1 2016
Last reportedQ3 2022

How to read this metric

High charges indicate significant organizational change, which may lead to future margin improvements but represent immediate cash outflows.

Detailed definition

This represents the costs incurred by the Digital Solutions segment to reorganize its operations, including severance, f...

Peer comparison

Peers frequently report these as 'special items' or 'restructuring costs' when undergoing cost-reduction programs.

Metric ID: bkr_segment_digital_solutions_restructuring_charges

Historical Data

3 periods
 Q2 '21Q3 '21Q3 '22
Value$1.00M$0.00$19.00M
QoQ Change-100.0%
Range$0.00$19.00M

Frequently Asked Questions

What is Baker Hughes's digital solutions — restructuring charges?
Baker Hughes (BKR) reported digital solutions — restructuring charges of $19.00M in Q3 2022.
What does digital solutions — restructuring charges mean?
The expenses related to reorganizing or downsizing operations within the Digital Solutions segment.