Business Context and Reporting Period
Company: Baker Hughes, a GE company (Baker Hughes, a GE company, LLC)
Filing Type: Form 8-K (Current Report)
Date of Report: January 31, 2019
Reporting Period: Fourth Quarter and Full Year ended December 31, 2018
This filing serves as a notification that the Company issued a news release announcing its financial results for the quarter and year ended December 31, 2018. The detailed results are contained in Exhibit 99.1 (News Release) and are incorporated by reference.
Key Financial Metrics
Revenue, Profit, Cash Flow, Margins, Debt, Liquidity: The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained within the referenced news release (Exhibit 99.1) and are not explicitly listed in the body of this Form 8-K.
Material Changes
The filing does not detail specific material changes versus prior periods. It references the issuance of the Q4 and full-year 2018 results, which inherently contain comparisons to prior periods, but the specific data points are located in the attached news release.
Guidance, Outlook, and Management Commentary
- Conference Call: Management scheduled a conference call for January 31, 2019, at 8:30 a.m. Eastern Time to discuss the earnings announcement.
- Non-GAAP Measures: The Company noted that certain information discussed in the news release and conference call may be considered non-GAAP financial measures. Reconciliations to GAAP measures are included in the news release.
- Webcast: A live webcast was available via the investor website, with an archived version available for one month.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific Q4 and full-year 2018 revenue, earnings, and cash flow figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP measures as provided in the news release.
- Access the archived conference call webcast at www.investors.bhge.com for management commentary on the results.
- Confirm that the financial data in the news release aligns with the Company's previously issued guidance.