Where can I find the actual Q1 2023 financial results for Baker Hughes?

The specific Q1 2023 financial results are contained within the news release furnished as Exhibit 99.1 to this Form 8-K filing. You should refer to that exhibit for detailed financial data and operational commentary.

What is the significance of the conference call mentioned in the filing?

The conference call, scheduled for April 19, 2023, is where Baker Hughes management discusses the Q1 2023 earnings announcement in detail. It's an opportunity for investors and analysts to hear management's perspective on performance, market conditions, and future outlook, and to ask questions.

Are the non-GAAP financial measures discussed in the earnings release considered official filings?

The filing states that non-GAAP financial measures should be considered in addition to, not as a substitute for, GAAP measures. Reconciliations to the closest GAAP measures are included in the news release. However, as per General Instructions B.2. of Form 8-K, the information furnished in the earnings release is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934 unless expressly incorporated by reference in a future filing.

How can I access the earnings release and conference call details?

The earnings release is provided as Exhibit 99.1 to the 8-K filing. The conference call details, including a webcast link, are also mentioned, and an archived version will be available on the Baker Hughes Company website at www.investors.bakerhughes.com for one month following the call.

BKR 8-K: Earnings & Results & Regulation FD

Summary

Baker Hughes Company (BKR) filed an 8-K on April 19, 2023, to report its first-quarter 2023 financial results. The filing primarily serves to furnish the company's earnings release, which contains the detailed financial information and operational highlights for the quarter ended March 31, 2023. Investors should refer to the furnished Exhibit 99.1 for the specific financial figures, including GAAP and non-GAAP measures, and their reconciliations. While the 8-K itself does not contain the results, it signifies that Baker Hughes has officially communicated its Q1 2023 performance. The company also announced a conference call scheduled for April 19, 2023, to discuss these results, which is a standard forum for management to provide further context, address analyst questions, and offer forward-looking commentary. Investors seeking an in-depth understanding of BKR's performance and outlook should carefully review the earnings release and the replay of the conference call.

Key Highlights

1Baker Hughes filed an 8-K on April 19, 2023, to report its Q1 2023 financial results.
2The core of the filing is Exhibit 99.1, the company's earnings release for the quarter ended March 31, 2023.
3The release includes both GAAP and non-GAAP financial measures, with reconciliations provided.
4A conference call was scheduled for April 19, 2023, to discuss the earnings announcement.
5The furnished information is not deemed 'filed' for Section 18 purposes but is incorporated by reference in the 8-K.
6Investors can access archived webcasts of the conference call on the Baker Hughes investor relations website.

Baker Hughes Co 8-K Report, Financial Results (Apr 19, 2023)

Summary

Key Highlights

Frequently Asked Questions