Business Context and Reporting Period
This Form 8-K was filed by Baker Hughes, a GE Company on September 5, 2017. The report serves as a Regulation FD disclosure following a presentation by CEO Lorenzo Simonelli at the Barclays 2017 CEO Energy-Power Conference in New York.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. The report references a supplemental presentation (Exhibit 99.1) containing GAAP and non-GAAP financial measures, but the data itself is not included in the text of this Form 8-K.
Material Changes
No material changes to financial performance or operations are detailed in the text of this filing. The document acts solely as a vehicle to incorporate the supplemental presentation by reference.
Guidance, Outlook, and Risks
The filing notes that the supplemental presentation includes non-GAAP financial measures. Management advises that these measures should be considered in addition to, and not as a substitute for, GAAP measures such as operating income and cash flows. No specific guidance, outlook, or risk factors are enumerated in the text of this report.
Investor Verification Checklist
- Review Exhibit 99.1 (Supplemental Presentation) for the actual financial data referenced in this filing.
- Verify the reconciliation between non-GAAP measures and GAAP operating income/cash flows as required by Regulation G.
- Confirm the specific details of the CEO's presentation at the Barclays conference for qualitative outlook information.