Baker Hughes Co. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Baker Hughes Company (and Baker Hughes, a GE company, LLC) on January 22, 2020. The filing announces the Company's financial results for the fourth quarter and the full year ended December 31, 2019. A conference call to discuss these results was scheduled for January 22, 2020.
Key Financial Metrics
The filing text serves as a notification of results and does not contain specific numerical data for revenue, profit, cash flow, margins, debt, or liquidity. These figures are contained in the news release furnished as Exhibit 99.1, which is incorporated by reference but not included in the provided text.
Material Changes
The filing does not detail specific material changes versus prior periods. It references the issuance of a news release containing the comparative financial results for the quarter and year ended December 31, 2019.
Guidance, Outlook, and Risks
Management commentary and outlook are expected to be discussed during the conference call held on January 22, 2020. The filing notes that the news release and conference call may include non-GAAP financial measures, which should be considered in addition to, not as a substitute for, GAAP measures. Reconciliations for these non-GAAP measures are included in the referenced news release.
Investor Verification Checklist
- Review Exhibit 99.1 (News Release) for specific Q4 and full-year 2019 revenue, net income, and cash flow figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP measures as disclosed in the news release.
- Access the archived webcast of the January 22, 2020 conference call for management's commentary on the outlook and operational performance.
- Confirm the status of the 5.125% Senior Notes due 2040 listed as registered securities.