Business Context and Reporting Period
This Form 8-K is a current report filed by Baker Hughes, a GE Company (and Baker Hughes, a GE Company, LLC) on September 5, 2017. The filing serves to disclose a presentation by CEO Lorenzo Simonelli at the Barclays 2017 CEO Energy-Power Conference in New York.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. It references a presentation (Exhibit 99.1) containing financial results determined in accordance with GAAP and non-GAAP measures, but the numerical data is not included in the body of this report.
Material Changes
No material changes to financial performance or operations are detailed in this filing. The document solely announces the timing and location of a corporate presentation.
Guidance, Outlook, and Risks
The filing notes that the accompanying presentation may contain non-GAAP financial measures. It explicitly states that such measures should be considered in addition to, and not as a substitute for, GAAP measures. The information in the presentation is furnished but not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into Securities Act filings unless expressly stated.
Key Facts for Investor Verification
- Verify the specific financial figures and guidance contained in Exhibit 99.1 (the presentation dated September 5, 2017), as they are not listed in this summary text.
- Confirm the distinction between GAAP and non-GAAP measures presented by management during the conference.
- Note that the presentation materials are not legally "filed" under Section 18 of the Exchange Act, which may affect liability protections.