Item 2.02 Results of Operations and Financial Condition.
On January 24, 2018, Baker Hughes, a GE company (the “Company”) issued a news release announcing its financial results for the quarter ended December 31, 2017 and a news release reconciling certain financial results determined in accordance with generally accepted accounting principles (GAAP) to certain non-GAAP financial measures used in the earnings release, copies of which are furnished with this Form 8-K as Exhibits 99.1 and 99.2 and incorporated herein by reference. In accordance with General Instructions B.2. of Form 8-K, the information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Following the issuance of the news releases and the filing of this current report on Form 8-K, the Company will hold a conference call on Wednesday, January 24, 2018 at 9:30 a.m. Eastern Time, 8:30 a.m. Central Time, to discuss the earnings announcement. This scheduled conference call was previously announced on December
20, 2017
. The conference call will broadcast live via a webcast that can be accessed by visiting the Baker Hughes, a GE company website at:
www.investors.bhge.com
. An archived version of the webcast will be available on the BHGE website until February 24, 2018.
In addition to financial results determined in accordance with GAAP that were included in the news release, certain information discussed in the news release and to be discussed on the conference call could be considered non-GAAP financial measures (as defined under the SEC’s Regulation G). Any non-GAAP financial measures should be considered in addition to, and not as an alternative for, or superior to, net income (loss), income (loss) from continuing operations, cash flows or other measures of financial performance prepared in accordance with GAAP as more fully discussed in the Company’s financial statements and filings with the SEC. Reconciliations of such non-GAAP information to the closest GAAP measures are included in the news release other than the reconciliations to the non-GAAP combined business basis
f
financial information included in Exhibit 99.2.
Item 7.01 Regulation FD Disclosure.
On January 24, 2018, the Company issued two news releases, copies of which are furnished with this Form 8-K as Exhibits 99.1 and 99.2 and incorporated into this Item 7.01 by reference. In accordance with General Instructions B.2. of Form 8-K, the information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
See Item 2.02, “Results of Operations and Financial Condition.”
Item 9.01 Financial Statements and Exhibits.
(Information furnished in this Item 9.01 is furnished pursuant to Item 9.01.)
(d) Exhibits.
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99.1*
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News Release of Baker Hughes, a GE company dated January 24, 2018 - Baker Hughes, a GE company Announces Fourth Quarter and Total Year 2017 Results
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99.2 *
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News Release of Baker Hughes, a GE company dated January 24, 2018 - Reconciliation of GAAP and Combined Business Basis measures used in Earnings Release
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* Furnished herewith.
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Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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BAKER HUGHES, A GE COMPANY
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Dated: January 24, 2018
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By:
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/s/ Lee Whitley
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Lee Whitley
Corporate Secretary
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BAKER HUGHES, A GE COMPANY, LLC
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Dated: January 24, 2018
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By:
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/s/ Lee Whitley
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Lee Whitley
Corporate Secretary
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