Baker Hughes Company · NASDAQ:BKR
Baker Hughes — Baker Hughes, a GE company — Q1 2019 Earnings Presentation
6 slides from Baker Hughes's earnings presentation, Apr 30, 2019
Slide 1: 1Q'19 BHGE Earnings
1Q’19 BHGE Earnings Confidential. Not to be copied, distributed, or reproduced without prior approval. ©2019 © 2017Baker General Electric Hughes, a GECompany company- All - Allrights rightsreserved 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: 1Q'19 highlights & environment update
1Q’19 highlights & environment update • Orders of $5.7 billion, up 9% year-over-year … Revenue of $5.6 billion, up 4% year-over-year Financial • GAAP operating income of $176 million … Adjusted operating income (a non-GAAP measure) of $273 million Results1 • GAAP diluted earnings per share of $0.06
Slide 4: BHGE financial performance
1Q’19 BHGE financial performance Sequential Prior year ($ in millions, except EPS) 1Q’19 variance variance Orders $5.7B (17)% 9% Revenue $5.6B (10)% 4% Operating income $176M (54)% F Adjusted operating income (non-GAAP)1 $273M (45)% 20% GAAP earnings per share (attributable to Class A shareholders)
Slide 5: Segment financial performance
Segment financial performance ($ in millions) Oilfield Services Turbomachinery & Process Solutions 1Q'19 Sequential YoY 1Q'19 Sequential YoY Orders $2,997 (2)% 14% Orders $1,271 (40)% (12)% Revenues 2,986 (3)% 12% Revenues 1,302 (27)% (11)% Operating income 176 (22)% 25% Operating income 118 (54)% (
Slide 6: Baker Hughes, a GE company
BAKER (46) UGHES a GE company
Baker Hughes, a GE company — Q1 2019 Earnings Presentation on 6ix