Baker Hughes Company · NASDAQ:BKR
Baker Hughes — Q2 2018 Earnings Presentation
7 slides from Baker Hughes's earnings presentation, Jul 20, 2018
Slide 1: 2Q'18 BHGE Earnings
2Q’18 BHGE Earnings Confidential. July 20,Not2018 to be copied, distributed, or reproduced without prior approval. © 2018 Baker Hughes, a GE company - All rights reserved
Slide 2: Disclaimer
Disclaimer This news release (and oral statements made regarding the subjects of this release) may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, (each a “forward-look
Slide 3: 2Q'18 highlights & environment update
2Q’18 highlights & environment update • Orders of $6.0 billion, Revenue of $5.5 billion, GAAP operating income of $78 million, Adjusted operating income (a Financial non-GAAP measure) of $289 million Results1 • GAAP diluted loss per share of $(0.05) … Adjusted diluted earnings per share (a non-GAAP
Slide 4: 2Q'18 BHGE combined basis business results
2Q’18 BHGE combined basis business results Sequential Prior year ($ in millions, except EPS) 2Q'18 variance variance Orders $6,036 15% 9% Revenue $5,548 3% 2% Operating income $78 F F Adjusted operating income (non-GAAP)1 $289 27% F GAAP diluted Loss per share (attributable to Class A shareholders)
Slide 5: Segment financial performance
Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 2Q'18 Sequential YoY 2Q'18 Sequential YoY Orders $2,866 9% 13% Orders $1,498 3% (4)% Revenues 2,884 8% 14% Revenues 1,385 (5)% (13)% Operating income 189 34% F Operating income 113 (5)% (7)% Operating
Slide 6: Significant progress in first year
• Significant progress in first year • Securing key commercial wins • Executing on financial & integration priorities • Delivering for customers & shareholders © 2018 Baker Hughes, a GE company - All rights reserved
Slide 7: Baker Hughes a GE company
BAKER 36) UGHES a GE company