8-KEarnings & ResultsRegulation FDExhibits & Filings

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

Filed October 30, 2019For Securities:BKR

Summary

This 8-K filing from Baker Hughes Company (BKR), filed on October 30, 2019, primarily serves to furnish their third-quarter 2019 earnings release. The release, dated October 30, 2019, details the company's financial results for the quarter ended September 30, 2019. While the 8-K itself doesn't contain the specific financial figures, it directs investors to the attached news release (Exhibit 99.1) for the detailed results and a webcast discussion scheduled for the same day. Investors should note that the information furnished in this report is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act, meaning it's not subject to the same liability. The filing also flags that non-GAAP financial measures may be discussed, with reconciliations to GAAP provided in the news release. The focus for investors is to refer to the furnished news release and the subsequent webcast for specific performance metrics and management commentary on the quarter's results.

Key Highlights

  • 1Baker Hughes Company (BKR) announced its third-quarter 2019 financial results on October 30, 2019.
  • 2The 8-K filing formally furnishes the earnings news release (Exhibit 99.1) containing the Q3 2019 results.
  • 3The company scheduled a conference call for October 30, 2019, to discuss the earnings announcement, which was previously announced on September 30, 2019.
  • 4Information provided is furnished and not deemed 'filed' under Section 18 of the Securities Exchange Act, limiting liability.
  • 5The earnings release and conference call may include non-GAAP financial measures, with reconciliations to GAAP provided in the release.
  • 6Investors can access a live webcast of the conference call and an archived version on the Baker Hughes investor relations website.

Frequently Asked Questions

The actual financial results for the quarter ended September 30, 2019, are detailed in the news release dated October 30, 2019, which is furnished as Exhibit 99.1 to this 8-K filing. You should refer to that document for specific performance metrics.

No, in accordance with General Instructions B.2. of Form 8-K, the information furnished in this report, including the earnings release, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other SEC filings unless expressly stated. This means it carries less liability than formally filed information.

Yes, the company notes that non-GAAP financial measures may be discussed during the conference call. The news release, which accompanies this filing, includes reconciliations of these non-GAAP measures to the closest comparable GAAP measures, allowing investors to understand the adjustments made.

An archived version of the conference call webcast will be available on the Baker Hughes Company website at www.investors.bakerhughes.com for one month following the live broadcast on October 30, 2019.