Summary
Baker Hughes Company (BKR) filed an 8-K on April 20, 2022, to furnish its first-quarter 2022 earnings release. This filing primarily serves as notification that the company has announced its Q1 2022 financial results, which are detailed in an accompanying news release (Exhibit 99.1). Investors should note that while this news release contains important financial information, it is furnished and not deemed "filed" under SEC regulations, meaning it does not automatically become part of the company's formal SEC filings for liability purposes unless expressly incorporated. The company also announced a conference call scheduled for April 20, 2022, to discuss these results, which was previously announced. The release highlights that non-GAAP financial measures may be discussed, and investors are advised to review the provided GAAP reconciliations within the news release for a complete understanding of the company's financial performance.
Key Highlights
- 1Baker Hughes announced its Q1 2022 financial results via a news release filed as an exhibit to the 8-K.
- 2The filing is a "furnished" document, meaning the information in the news release is not "filed" with the SEC for purposes of Section 18 of the Exchange Act.
- 3A conference call was scheduled for April 20, 2022, to discuss the Q1 earnings, a call that had been previously announced.
- 4The news release may include non-GAAP financial measures; reconciliations to GAAP are provided in the release.
- 5Investors can access an archived webcast of the conference call on the Baker Hughes investor relations website for one month.
- 6The 8-K includes various XBRL documents related to the financial reporting, including schema, calculation, label, presentation, and definition linkbase files.