Where can I find the specific financial results for Baker Hughes' second quarter of 2021?

The specific financial results are detailed in the press release dated July 21, 2021, which is furnished as Exhibit 99.1 with this 8-K filing and incorporated by reference. Investors should refer to that document for detailed figures. An archived webcast of the conference call discussing these results will also be available on the Baker Hughes investor relations website.

Are the financial results discussed in the earnings release fully compliant with GAAP?

The earnings release includes both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures. Baker Hughes states that non-GAAP measures should be considered alongside, not as a substitute for, GAAP measures. Reconciliations of non-GAAP information to the closest GAAP measures are provided within the earnings release itself.

What is the significance of the information being 'furnished' rather than 'filed'?

Information 'furnished' under General Instructions B.2. of Form 8-K, like this earnings release, is generally not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it automatically incorporated by reference into other SEC filings unless specifically stated. This distinction is important for legal and regulatory purposes but signifies that the company is providing this information to the market.

When and how can I listen to the discussion of Baker Hughes' Q2 2021 earnings?

Baker Hughes held a conference call to discuss its second-quarter results on Wednesday, July 21, 2021, at 8:30 a.m. Eastern Time. The call was broadcast live via a webcast, which can be accessed through the Baker Hughes Company website at www.investors.bakerhughes.com. An archived version of the webcast will be available on the same website for one month following the live broadcast.

BKR 8-K: Earnings & Results & Regulation FD

Summary

Baker Hughes Company (BKR) filed an 8-K on July 21, 2021, to furnish its second-quarter 2021 earnings release. The release, which is incorporated by reference, provides details on the company's financial performance for the quarter ended June 30, 2021. While the 8-K itself doesn't contain the specific financial figures, it signals the availability of this information to investors and the public through the furnished press release and an accompanying webcast. Investors should note that the earnings release includes both GAAP and non-GAAP financial measures. The company emphasizes that non-GAAP measures should be considered in addition to, not as a replacement for, GAAP metrics. Reconciliations between these measures are provided in the news release. The filing also confirms the previously announced conference call scheduled for July 21, 2021, to discuss these results, with archived webcast access available on the company's investor relations website.

Key Highlights

1Baker Hughes announced its second-quarter 2021 financial results via a furnished press release on July 21, 2021.
2The 8-K filing serves to officially share the earnings announcement and related materials with the public.
3The company will host a conference call on July 21, 2021, at 8:30 a.m. ET to discuss Q2 2021 results.
4Financial results include both GAAP and non-GAAP measures, with reconciliations provided in the earnings release.
5Information furnished in this 8-K is not considered 'filed' for certain regulatory purposes unless expressly incorporated into other filings.
6An archived webcast of the conference call will be available on the Baker Hughes investor relations website for one month.
7The filing includes various exhibits related to the earnings release, including XBRL data.

Baker Hughes Co 8-K Report, Financial Results (Jul 21, 2021)

Summary

Key Highlights

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