Baker Hughes Company · NASDAQ:BKR
Baker Hughes — Q2 2019 Earnings Presentation
6 slides from Baker Hughes's earnings presentation, Jul 31, 2019
Slide 1: 2Q’19 BHGE Earnings
2Q’19 BHGE Earnings July 31, 2019 Confidential. Not to be copied, © 2019distributed, or reproduced Baker Hughes, without a GE company - All prior rightsapproval. 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’19 highlights & environment update
2Q’19 highlights & environment update • Orders of $6.6 billion, up 15% sequentially and up 9% year-over-year … Revenue of $6.0 billion, up 7% sequentially and up 8% year-over-year Financial • GAAP operating income of $271 million … Adjusted operating income (a non-GAAP measure) of $361 million Resul
Slide 4: 2Q’19 BHGE financial performance
2Q’19 BHGE financial performance Sequential Prior year ($ in millions, except EPS) 2Q’19 variance variance Orders $6.6B 15% 9% Revenue $6.0B 7% 8% Operating income $271M 54% F Adjusted operating income (non-GAAP)1 $361M 32% 25% GAAP earnings per share (attributable to Class A shareholders) $(0.02) U
Slide 5: Segment financial performance
Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 2Q'19 Sequential YoY 2Q'19 Sequential YoY Orders 3,266 9% 14% Orders 1,983 56% 32% Revenues 3,263 9% 13% Revenues 1,405 8% 1% Operating income 233 32% 23% Operating income 135 14% 19% Operating income
Slide 6: BAKER (46)
BAKER (46) UGHES a GE company