Business Context and Reporting Period
Company: Baker Hughes, a GE Company (and Baker Hughes, a GE Company, LLC)
Filing Type: Form 8-K (Current Report)
Date of Report: September 6, 2018
Event: Disclosure of a presentation by Chairman, President, and CEO Lorenzo Simonelli at the Barclays 2018 CEO Energy-Power Conference in New York.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report serves as a notification of a presentation containing financial information rather than a direct report of financial results.
Material Changes
No material changes to financial performance or operations are detailed within the text of this filing. The document references a presentation (Exhibit 99.1) which may contain comparative data, but the 8-K text itself does not summarize these changes.
Guidance, Outlook, and Risks
- Management Commentary: The filing notes that the CEO will present at an industry conference. The presentation includes both GAAP financial results and non-GAAP financial measures.
- Non-GAAP Measures: The company states that non-GAAP measures should be considered in addition to, and not as a substitute for, GAAP measures.
- Legal Status of Information: The information in the presentation is furnished, not "filed," for purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (the presentation) for specific revenue, profit, and guidance figures.
- Verify the reconciliation between non-GAAP measures and GAAP financial results in the presentation.
- Confirm the date and time of the conference presentation (September 6, 2018, 7:45 a.m. Eastern time).
- Check subsequent filings for any updates to the outlook provided in the presentation.