Summary
Baker Hughes, a GE Company, filed an 8-K on September 6, 2018, to furnish a presentation given by its CEO, Lorenzo Simonelli, at the Barclays 2018 CEO Energy-Power Conference. The presentation, dated September 6, 2018, is incorporated by reference as an exhibit. Investors should note that while the presentation may include GAAP financial results, it may also contain non-GAAP financial measures. The company advises that these non-GAAP measures should be considered in addition to, not as a substitute for, GAAP measures like operating income or cash flows. This filing primarily serves as a disclosure vehicle for the CEO's presentation. While no material operational or financial changes are announced directly within the 8-K text itself, the furnished presentation is the key piece of information for investors seeking updates on the company's performance, strategy, and outlook directly from its leadership. The 8-K explicitly states that the information furnished is not deemed "filed" for certain purposes, meaning it won't automatically be incorporated into registration statements unless specifically referenced.
Key Highlights
- 1Baker Hughes CEO to present at Barclays 2018 CEO Energy-Power Conference on September 6, 2018.
- 2A presentation by CEO Lorenzo Simonelli is furnished as Exhibit 99.1.
- 3The presentation may include non-GAAP financial measures alongside GAAP results.
- 4Investors are cautioned to consider non-GAAP measures as supplementary to GAAP performance metrics.
- 5The furnished information is not considered "filed" for purposes of Section 18 of the Exchange Act unless expressly incorporated by reference in other filings.
- 6This 8-K acts primarily as a disclosure of leadership's communication to the investment community.