8-KEarnings & ResultsRegulation FDExhibits & Filings

Baker Hughes Co 8-K Report, Financial Results (Jul 20, 2018)

Filed July 20, 2018For Securities:BKR

Summary

Baker Hughes Co (BKR) filed an 8-K on July 20, 2018, to report its financial results for the second quarter ended June 30, 2018. The filing primarily furnished a press release (Exhibit 99.1) detailing these results, along with references to previously furnished information regarding GAAP and non-GAAP financial measures. Investors should note that the information furnished in this 8-K is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, meaning it doesn't carry the same legal implications as a fully filed document, but it still provides crucial operational and financial insights. The company also announced a conference call scheduled for July 20, 2018, to discuss these earnings. This call, previously announced, will be webcast and an archive will be available. Investors are advised to review the provided press release for specific financial performance figures and to consult the reconciliations of non-GAAP measures to GAAP for a complete understanding of the company's financial condition.

Key Highlights

  • 1Baker Hughes Co (BKR) announced its second quarter 2018 financial results via an 8-K filing on July 20, 2018.
  • 2The primary content of the filing is a furnished press release (Exhibit 99.1) detailing the Q2 2018 earnings.
  • 3A conference call was scheduled for July 20, 2018, at 9:30 a.m. ET to discuss the earnings announcement.
  • 4The company will provide both GAAP and non-GAAP financial measures, with reconciliations to GAAP included in the press release.
  • 5Information furnished in this 8-K is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934.
  • 6Previous disclosures, including reconciliations and supplemental presentations from October 20, 2017, and April 5, 2018, are referenced.
  • 7The earnings call webcast will be available on the Baker Hughes investor relations website, with an archive accessible for one month.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose Baker Hughes' financial results for the second quarter ended June 30, 2018. This is primarily done by furnishing a press release that contains the detailed earnings information.

The detailed financial results are available in the press release furnished as Exhibit 99.1 to this Form 8-K. This press release, dated July 20, 2018, contains the company's second-quarter performance figures.

Yes, Baker Hughes held a conference call on July 20, 2018, at 9:30 a.m. Eastern Time to discuss the second-quarter earnings announcement. The call was webcast live, and an archived version is available on the company's investor relations website.

When information is furnished and not 'filed' under Section 18 of the Securities Exchange Act of 1934, it means the company is not subject to the same liabilities or legal implications as it would be for information that is officially filed. However, this furnished information is still important for investors to understand the company's performance and operations.