8-KEarnings & ResultsRegulation FDExhibits & Filings

Baker Hughes Co 8-K Report, Financial Results (Jul 25, 2024)

Filed July 25, 2024For Securities:BKR

Summary

Baker Hughes Company (BKR) has filed an 8-K report on July 25, 2024, to announce its second-quarter financial results for the period ended June 30, 2024. The detailed results are provided in a news release (Exhibit 99.1) which is furnished with the filing. Investors should note that while this information is being shared, it is furnished and not deemed 'filed' under the Securities Exchange Act of 1934, meaning it doesn't automatically become part of the company's formal SEC filings unless specifically incorporated by reference. The company will be holding a conference call on July 26, 2024, to discuss these quarterly results. This call, previously announced, will be accessible via webcast on Baker Hughes' investor relations website. The report also reminds stakeholders that non-GAAP financial measures may be discussed, and that these should be considered alongside, but not as a substitute for, GAAP-based financial performance metrics.

Key Highlights

  • 1Baker Hughes announced its second-quarter 2024 financial results on July 25, 2024, via a furnished news release (Exhibit 99.1).
  • 2The company will host a conference call on July 26, 2024, at 9:30 a.m. ET to discuss the Q2 earnings.
  • 3The conference call and an archived webcast will be available on the company's investor relations website (www.investors.bakerhughes.com).
  • 4The filing notes that non-GAAP financial measures may be presented and discussed, with reconciliations to the closest GAAP measures included in the news release.
  • 5Information furnished in this 8-K is not considered 'filed' for purposes of Section 18 of the Exchange Act.
  • 6The news release containing the financial results is incorporated by reference into Items 2.02 and 7.01 of the 8-K.
  • 7The report includes a Cover Page Interactive Data File.

Frequently Asked Questions

The detailed second-quarter financial results are presented in a news release issued by Baker Hughes on July 25, 2024. This news release is furnished as Exhibit 99.1 with the Form 8-K filing and is incorporated by reference. You can access it via the company's investor relations website or potentially through the SEC's EDGAR database.

Baker Hughes will hold a conference call to discuss its second-quarter 2024 earnings on Friday, July 26, 2024, at 9:30 a.m. Eastern Time. The call will be broadcast live via a webcast on the company's investor relations website.

Information that is 'furnished' in an 8-K, as is the case with the earnings release in this filing, is provided to the SEC but is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it generally doesn't carry the same legal liabilities for misstatements or omissions as formally filed information. However, the company has incorporated it by reference into certain items, so investors should still review it carefully.

Yes, the filing indicates that non-GAAP financial measures may be discussed in the news release and during the conference call. These non-GAAP measures should be considered in addition to, and not as a substitute for, GAAP measures. Reconciliations of these non-GAAP measures to their closest GAAP equivalents are included in the news release.