Summary
Baker Hughes, a GE company, filed an 8-K on September 5, 2017, to disclose information regarding a presentation to be given by its President and CEO, Lorenzo Simonelli, at the Barclays 2017 CEO Energy-Power Conference. The presentation, furnished as an exhibit, provides an update on the company's performance and outlook. Investors should note that while the presentation may include GAAP financial results, it could also contain non-GAAP financial measures, which should be considered alongside, and not as a replacement for, GAAP-based financial performance metrics.
Key Highlights
- 1Baker Hughes, a GE company, announced its CEO would present at the Barclays 2017 CEO Energy-Power Conference.
- 2The presentation was furnished as an exhibit (Exhibit 99.1) to the 8-K filing.
- 3The event date for the presentation was September 4, 2017, and the filing date was September 5, 2017.
- 4The presentation may include non-GAAP financial measures, which investors should evaluate in conjunction with GAAP measures.
- 5This filing serves as a disclosure mechanism under Regulation FD, ensuring broad public dissemination of material information.
- 6The company is identified as an 'emerging growth company'.
Frequently Asked Questions
The primary purpose of this 8-K filing is to disclose information that will be presented by Baker Hughes' CEO at the Barclays 2017 CEO Energy-Power Conference, in accordance with Regulation FD.
A copy of the presentation is furnished as Exhibit 99.1 to this 8-K filing and is incorporated by reference.
This naming convention indicates that Baker Hughes was operating as a subsidiary or a combined entity with General Electric at the time of this filing, likely following a significant transaction or partnership.
The presentation may contain both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures. Investors are advised to consider non-GAAP measures in addition to, and not as a substitute for, GAAP measures for a complete understanding of the company's financial performance.