8-KEarnings & ResultsRegulation FDExhibits & Filings

Baker Hughes Co 8-K Report, Financial Results (Jan 24, 2018)

Filed January 24, 2018For Securities:BKR

Summary

This 8-K filing from Baker Hughes, a GE company, dated January 24, 2018, primarily announces the company's financial results for the fourth quarter and full year ended December 31, 2017. The filing furnishes two news releases (Exhibits 99.1 and 99.2) that detail these results, including reconciliations between GAAP and non-GAAP financial measures. Investors should note that while this information is provided, it is furnished and not deemed 'filed' under SEC regulations unless expressly incorporated by reference into a registration statement. The company also announced a conference call scheduled for January 24, 2018, to discuss these earnings. This call, previously announced, provides an opportunity for analysts and investors to gain further insight into the company's performance and outlook. The furnished exhibits are the primary source of detailed financial information provided in this filing.

Key Highlights

  • 1Announcement of Fourth Quarter and Full Year 2017 Financial Results.
  • 2Furnishes news releases (Exhibits 99.1 and 99.2) detailing financial performance.
  • 3Includes reconciliations of GAAP to non-GAAP financial measures.
  • 4Confirms a conference call on January 24, 2018, to discuss earnings.
  • 5Information furnished is not deemed 'filed' under Section 18 of the Exchange Act unless specifically incorporated.
  • 6Webcast of the conference call will be available on the company's investor website.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce and provide access to Baker Hughes, a GE company's financial results for the fourth quarter and full year ended December 31, 2017, through furnished news releases.

The detailed financial results are provided in the furnished Exhibits 99.1 and 99.2, which are news releases announcing the fourth quarter and full year 2017 results and a reconciliation of GAAP and non-GAAP measures.

The filing states that non-GAAP financial measures should be considered in addition to, and not as an alternative for, or superior to, GAAP measures such as net income. Reconciliations to GAAP are provided, so investors should review both GAAP and non-GAAP figures.

No, in accordance with General Instructions B.2. of Form 8-K, the information furnished in this filing is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other filings, unless expressly set forth by specific reference in such a filing.