Summary
This 8-K filing from Baker Hughes, a GE company, primarily serves to disclose supplemental financial information presented at the Barclays 2017 CEO Energy-Power Conference. The company is providing additional context beyond its standard GAAP financial reporting. Investors should note that while this supplemental information can offer deeper insights, any non-GAAP measures should be considered alongside, not as a replacement for, officially reported GAAP financial performance. The filing highlights that this information is furnished under Regulation FD and, per standard SEC guidelines, is not deemed "filed" for liability purposes unless specifically incorporated into other filings.
Key Highlights
- 1Baker Hughes, a GE company, presented supplemental financial information at the Barclays 2017 CEO Energy-Power Conference on September 5, 2017.
- 2The supplemental information is being furnished via Exhibit 99.1 to this 8-K filing.
- 3The company acknowledges that some of the supplemental information may be considered non-GAAP financial measures.
- 4Investors are advised to view non-GAAP measures in conjunction with, and not as superior to, GAAP-based financial metrics.
- 5The information is released under Regulation FD to ensure broad public disclosure.
- 6This information is furnished and not considered 'filed' under Section 18 of the Securities Exchange Act of 1934, limiting its incorporation into other SEC filings unless expressly stated.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly disclose supplemental financial information that Baker Hughes, a GE company, presented at the Barclays 2017 CEO Energy-Power Conference. This provides additional context for investors regarding the company's performance and outlook.
Exhibit 99.1 contains the supplemental presentation materials that were shared by the company's CEO at the Barclays conference. This exhibit is incorporated by reference into the 8-K filing and includes the supplemental financial information being disclosed.
The filing states that the supplemental information may include non-GAAP financial measures. While these measures can be useful, the company emphasizes that they should be considered in addition to, and not as an alternative or superior to, financial performance measures prepared in accordance with Generally Accepted Accounting Principles (GAAP).
No, this information is furnished under Regulation FD and is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934. Therefore, it does not typically impose liability under that section, nor is it automatically incorporated by reference into other SEC filings unless specifically stated in those filings.