8-KEarnings & ResultsRegulation FDExhibits & Filings

Baker Hughes Co 8-K Report, Financial Results (Oct 20, 2021)

Filed October 20, 2021For Securities:BKR

Summary

Baker Hughes Company (BKR) filed an 8-K on October 20, 2021, to announce its financial results for the third quarter ended September 30, 2021. The filing includes a furnished news release detailing these results and serves as a notification for an upcoming conference call to discuss the earnings. Investors should note that while the news release contains GAAP financial results, it also includes non-GAAP measures. The company emphasizes that these non-GAAP measures should be considered alongside, not as a substitute for, GAAP-based performance indicators. Reconciliations between non-GAAP and GAAP figures are provided within the news release, which is incorporated by reference in this 8-K.

Key Highlights

  • 1Baker Hughes announced its third-quarter 2021 financial results on October 20, 2021.
  • 2The 8-K filing incorporates by reference a furnished news release containing the company's Q3 earnings.
  • 3A conference call to discuss the Q3 results was scheduled for October 20, 2021.
  • 4The company's website will host a live webcast and an archived version of the conference call.
  • 5The filing explicitly states that the information furnished is not deemed 'filed' under Section 18 of the Exchange Act.
  • 6Both GAAP and non-GAAP financial measures may be discussed, with reconciliations provided in the news release.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce Baker Hughes Company's financial results for the third quarter ended September 30, 2021, and to furnish the related news release.

Detailed financial results, including both GAAP and non-GAAP measures, are available in the news release furnished with this 8-K as Exhibit 99.1. This news release is incorporated by reference.

Yes, Baker Hughes held a conference call on October 20, 2021, to discuss the earnings announcement. A webcast of this call is available on the company's investor relations website.

No, the company states that non-GAAP financial measures should be considered in addition to, and not as an alternative for, or superior to, GAAP measures. Reconciliations to the closest GAAP measures are provided in the news release.