8-KEarnings & ResultsExhibits & Filings

COMCAST CORP 8-K Report, Financial Results (Feb 18, 2009)

Filed February 18, 2009For Securities:CMCSACCZ

Summary

Comcast Corporation filed an 8-K on February 18, 2009, to report its financial results for the fourth quarter and full year ended December 31, 2008. This filing primarily serves to attach the press release detailing these results, along with an explanation of the non-GAAP financial measures used. Investors should refer to the attached press release (Exhibit 99.1) for specific operational and financial performance details. The company has also provided an explanation (Exhibit 99.2) for its use of non-GAAP financial measures, aiming to provide additional insight into its financial condition and operational results. While not intended to be "filed" under the Exchange Act, these exhibits are crucial for a comprehensive understanding of Comcast's reported performance and management's perspective.

Key Highlights

  • 1Comcast Corporation (CMCSA) reported its Q4 and full-year 2008 financial results via an 8-K filing on February 18, 2009.
  • 2The primary purpose of the filing was to attach the earnings press release (Exhibit 99.1) and an explanation of non-GAAP measures (Exhibit 99.2).
  • 3Investors should consult the press release for detailed financial performance and operational metrics for the periods ending December 31, 2008.
  • 4Comcast provided a rationale for using non-GAAP financial measures, asserting their utility for investors.
  • 5The filing explicitly states that the attached exhibits are not considered "filed" for the purposes of the Securities Exchange Act of 1934.
  • 6Reconciliations between non-GAAP and GAAP financial measures are included within the press release itself.

Frequently Asked Questions

The specific financial results for the three and twelve months ended December 31, 2008, are detailed in the press release attached as Exhibit 99.1 to this 8-K filing.

Non-GAAP financial measures are financial metrics that exclude or include amounts that are not GAAP (Generally Accepted Accounting Principles) such as net income or operating income. Comcast uses them, as explained in Exhibit 99.2, to provide additional useful information to investors regarding their financial condition and results of operations. Management also uses these measures internally.

This 8-K filing primarily serves to report historical financial results and related explanations. It does not appear to introduce new financial guidance or disclose any new material business events outside of the scope of the earnings announcement itself.

No, the filing explicitly states that the press release (Exhibit 99.1) and the explanation of non-GAAP measures (Exhibit 99.2) are not intended to be treated as 'filed' under the Securities Exchange Act of 1934, as amended.