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Baker Hughes logoBaker Hughes BKR

The company said it plans to separately present research and development costs and remove the operating income subtotal and the non-operating income (loss) line item in its Q1 2025 Form 10-Q.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it plans to separately present research and development costs and remove the operating income subtotal and the non-operating income (loss) line item in its Q1 2025 Form 10-Q.

  2. Baker Hughes said the presentation changes did not affect previously reported consolidated or segment financial results, and it prepared unaudited Financial Supplement information retrospectively adjusted for the change.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Baker Hughes to change income statement presentation for Q1 2025

The company said it plans to separately present research and development costs and remove the operating income subtotal and the non-operating income (loss) line item in its Q1 2025 Form 10-Q.

Source · Based on the filing body and exhibits

Presentation change with no effect on past results

Baker Hughes said the presentation changes did not affect previously reported consolidated or segment financial results, and it prepared unaudited Financial Supplement information retrospectively adjusted for the change.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.