8-KEarnings & ResultsRegulation FDExhibits & Filings

SLB LIMITED/NV 8-K Report, Financial Results (Jul 20, 2018)

Filed July 20, 2018For Securities:SLB

Summary

SLB LIMITED/NV (SLB) filed an 8-K report on July 20, 2018, primarily to furnish their second-quarter 2018 earnings release as an exhibit. This release, which is incorporated by reference into Items 2.02 and 7.01 of the 8-K, contains key financial results and operational highlights for the period ending June 30, 2018. While the 8-K itself does not contain the detailed financial data, it directs investors to the furnished earnings release for this information. The report specifies that the information furnished will not be deemed "filed" under Section 18 of the Exchange Act, nor incorporated by reference into other securities filings, unless specifically referenced. This is a standard disclosure for earnings releases furnished under Item 2.02 and 7.01. Investors should consult the accompanying earnings release (Exhibit 99) for specific performance metrics, management commentary, and forward-looking statements.

Key Highlights

  • 1Furnished Second-Quarter 2018 Earnings Release as Exhibit 99.
  • 2Earnings release incorporated by reference into Items 2.02 (Results of Operations and Financial Condition) and 7.01 (Regulation FD Disclosure).
  • 3Report filed on July 20, 2018, with an event date of July 19, 2018.
  • 4Information furnished in the earnings release is not deemed 'filed' for Section 18 of the Exchange Act purposes.
  • 5Company did not elect to use the extended transition period for new or revised financial accounting standards (as an emerging growth company).
  • 6Chief Accounting Officer Howard Guild signed the filing on behalf of the registrant.

Frequently Asked Questions

The detailed financial results and operational highlights for SLB's second quarter of 2018 are available in the earnings release furnished as Exhibit 99 to this 8-K filing. You should refer to that document for specific performance data.

The report states that the information furnished in the earnings release will not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor will it be incorporated by reference into any filing under the Securities Act of 1933, unless expressly set forth by specific reference in such a filing. This is a standard practice for earnings releases furnished under these items.

As an emerging growth company, SLB has the option to delay adoption of new or revised accounting standards. This filing indicates that the company has elected *not* to use the extended transition period, meaning they are complying with new or revised financial accounting standards on the same schedule as other public companies.