Summary
Baker Hughes Company (BKR) filed an 8-K on January 23, 2023, primarily to furnish a press release announcing its fourth quarter and full-year 2022 financial results. The release, along with a financial supplement reflecting a new segment reporting structure, is incorporated by reference. While this filing does not contain new audited financial statements, it provides investors with the company's most recent performance metrics and an outlook for future discussions during their scheduled earnings conference call. Investors should refer to the furnished press release (Exhibit 99.1) for detailed financial outcomes and the financial supplement (Exhibit 99.2) for updated segment reporting information. The company also announced that it will hold its previously scheduled conference call on January 23, 2023, to discuss these results. The filing emphasizes that while non-GAAP measures may be discussed, reconciliations to GAAP will be provided. Investors are encouraged to consult the full press release and upcoming SEC filings for a comprehensive understanding of Baker Hughes' financial condition and operational performance.
Key Highlights
- 1Baker Hughes furnished its Q4 and Full Year 2022 financial results via press release as part of this 8-K filing.
- 2The company is holding a conference call on January 23, 2023, to discuss the announced financial results.
- 3Additional unaudited historical consolidated financial information is provided under a new segment reporting structure.
- 4The press release and financial supplement are furnished, not 'filed' for purposes of Section 18 of the Securities Exchange Act, meaning they are not subject to liability for misstatements or omissions unless expressly incorporated into a registration statement.
- 5Non-GAAP financial measures may be used in discussions, with reconciliations to GAAP measures included in the press release.
- 6Investors are directed to the company's investor relations website for the webcast of the conference call and archived versions.