Baker Hughes Company (BKR) CEO Lorenzo Simonelli on Q4 2019 Results - Earnings Call Transcript

Jan. 22, 2020 2:16 PM ETBaker Hughes Company (BKR) StockBKR
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Q4: 2020-01-22 Earnings Summary

EPS of $0.27 misses by $0.04
 | Revenue of $6.35B (1.33% Y/Y) misses by $124.97M

Baker Hughes Company (NASDAQ:BKR) Q4 2019 Results Earnings Conference Call January 22, 2020 9:00 AM ET

Company Participants

Judson Bailey - VP, IR
Lorenzo Simonelli - Chairman, President & CEO
Brian Worrell - CFO

Conference Call Participants

James West - Evercore ISI
Angie Sedita - Goldman Sachs
Chase Mulvehill - Bank of America Merrill Lynch
David Anderson - Barclays
Sean Meakim - JPMorgan
Bill Herbert - Simmons
Scott Gruber - Citigroup

Operator

Good day, ladies and gentlemen, and welcome to the Baker Hughes Company Fourth Quarter and Full Year 2019 Earnings Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. [Operator Instructions]. As a reminder, this conference call is being recorded.

I would now like to introduce your host for today's conference, Mr. Jud Bailey, Vice President of Investor Relations. Sir, you may begin.

Judson Bailey

Thank you. Good morning, everyone, and welcome to the Baker Hughes Company fourth quarter and full year 2019 earnings conference call. Here with me are our Chairman and CEO, Lorenzo Simonelli; and our CFO, Brian Worrell. The earnings release we issued earlier today can be found on our website at bakerhughes.com.

As a reminder, during the course of this conference call, we will provide forward-looking statements. These statements are not guarantees of future performance and involve a number of risks and assumptions. Please review our SEC filings and website for a discussion of some of the factors that could cause actual results to differ materially. As you know, reconciliations of operating income and other non-GAAP to GAAP measures can be found in our earnings release.

With that, I will turn the call over to Lorenzo.

Lorenzo Simonelli

Thank you, Jud. Good morning, everyone, and thanks for joining us. We delivered a solid fourth

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