Baker Hughes Company · NASDAQ:BKR
Baker Hughes — Q3 2017 Earnings Presentation
7 slides from Baker Hughes's earnings presentation, Oct 20, 2017
Slide 1: 3Q'17 BHGE Earnings
3Q’17 BHGE Earnings October 20, 2017 Confidential. Not Not distributed, to be copied, to be copied,or distributed, reproduced or reproduced without without prior approval. prior approval. © 2017 © 2017 General Baker Electric Hughes, a GECompany company -- All All rights 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: 3Q'17 highlights & environment update
3Q’17 highlights & environment update • Orders of $5.7 billion, revenue of $5.4 billion, GAAP operating loss of $(122) million, adjusted operating Financial income (a non-GAAP measure) $240 million Results • GAAP net loss per share of $(0.24) … adjusted basic earnings per share (a non-GAAP measure)
Slide 4: 3Q'17 BHGE combined business basis results
3Q’17 BHGE combined business basis results Sequential Prior year ($ in millions, except EPS) 3Q’17 variance variance Orders $5,722 2% 18% Revenue $5,375 (1)% -% Operating loss $(122) 17% 22% Adjusted operating income1 $240 105% (13)% Earnings per share $(0.24) - - Adjusted earnings per share1 $0.05
Slide 5: Segment financial performance
Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 3Q‘17 Sequential YoY 3Q‘17 Sequential YoY Orders $2,635 4% 8% Orders $1,410 (11)% 16% Revenues 2,635 4% 9% Revenues 1,511 (5)% 2% Operating income 75 F F Operating income 210 57% (19)% Operating income
Slide 6: Wrap
Wrap • Significant progress on integration • Key commercial & technological wins • Positioning for growth and profitability • Executing on priorities for shareholders Confidential. Not to be copied, distributed, or reproduced without prior approval.
Slide 7: Baker Hughes, a GE company
BAKER (46) UGHES a GE company