8-KEarnings & ResultsRegulation FDExhibits & Filings

Baker Hughes Co 8-K Report, Financial Results (Apr 30, 2019)

Filed April 30, 2019For Securities:BKR

Summary

Baker Hughes Co (BKR) filed an 8-K on April 30, 2019, primarily to furnish its first-quarter 2019 earnings release dated April 30, 2019. This report serves as an announcement vehicle for the company's financial results for the quarter ended March 31, 2019. Investors should note that the information furnished in this 8-K, including the earnings release, is not considered "filed" for Section 18 purposes and is not incorporated by reference into future SEC filings unless expressly stated. The company also announced a conference call scheduled for April 30, 2019, to discuss these results. The call was previously announced on April 5, 2019, and will be webcast live, with an archived version available on the company's investor website. The filing also alerts investors that non-GAAP financial measures may be discussed, emphasizing that these should be considered alongside GAAP measures, with reconciliations provided in the earnings release.

Key Highlights

  • 1Baker Hughes furnished its Q1 2019 earnings release via an 8-K filing on April 30, 2019.
  • 2The filing announces financial results for the quarter ended March 31, 2019.
  • 3A conference call to discuss the Q1 2019 results was scheduled for April 30, 2019.
  • 4The earnings call was previously announced on April 5, 2019.
  • 5The company will use non-GAAP financial measures in its discussion, with reconciliations provided in the earnings release.
  • 6Information furnished in the 8-K is not deemed "filed" for Section 18 of the Exchange Act.
  • 7A webcast of the conference call will be available on the Baker Hughes investor relations website.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally furnish Baker Hughes' news release announcing its financial results for the first quarter of 2019, which ended on March 31, 2019. It also serves to provide notice about the company's conference call to discuss these results.

No, according to General Instructions B.2. of Form 8-K, the information furnished with this report (specifically the earnings release) is not deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934. It also will not be automatically incorporated by reference into any future SEC filings unless expressly stated.

Yes, the company has indicated that its earnings release and subsequent conference call may include non-GAAP financial measures. Investors are advised to consider these non-GAAP measures in addition to, and not as a substitute for, GAAP measures. Reconciliations of these non-GAAP figures to the closest GAAP measures are included in the earnings release.

The detailed Q1 2019 financial results are provided in the news release furnished as Exhibit 99.1 to this 8-K filing. The company will also discuss these results on a conference call and webcast, with an archived version of the webcast available on the Baker Hughes investor relations website.