01—Abstract
Summary
Summary of the 8-K filed April 30, 2009. Cited figures are marked; the original filing is the authoritative source.
Comcast Corporation filed an 8-K on April 30, 2009, to report its financial results for the first quarter ended March 31, 2009.
The filing primarily consists of a press release detailing these results and an explanation of the non-GAAP financial measures used in the report. Investors should note that this information is being furnished and not filed, meaning it is not automatically incorporated into future SEC filings. The press release itself contains reconciliations of non-GAAP to GAAP measures for clarity.
02—Key points
Key Highlights
- Comcast Corporation reported its Q1 2009 financial results on April 30, 2009.
- The filing includes a press release (Exhibit 99.1) detailing operational and financial performance for the quarter ending March 31, 2009.
- An explanation of Comcast's use of non-GAAP financial measures is provided (Exhibit 99.2).
- The company believes these non-GAAP measures offer valuable insights into its financial condition and results.
- Reconciliations between non-GAAP and comparable GAAP financial measures are included within the press release.
- The information furnished is not intended to be incorporated into other SEC filings.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to furnish Comcast Corporation's financial results for the first quarter of 2009, as detailed in a press release, and to explain the non-GAAP financial measures used in that release.
Where can I find the detailed financial results?
The detailed financial results for the three months ended March 31, 2009, are primarily located in the press release attached as Exhibit 99.1 to this 8-K filing.
What are non-GAAP financial measures and why does Comcast use them?
Non-GAAP financial measures are metrics that are not calculated in accordance with Generally Accepted Accounting Principles (GAAP). Comcast uses them because they believe these measures provide useful information to investors regarding the company's financial condition and results of operations, and management also uses them for internal analysis. A full explanation and reconciliation to GAAP measures are provided in Exhibits 99.1 and 99.2.
Is the information in this filing automatically part of Comcast's other SEC filings?
No, Comcast explicitly states that this Item 2.02 information and its exhibits are not intended to be treated as 'filed' under the Securities Exchange Act of 1934 or incorporated by reference into other filings, meaning it is furnished for informational purposes.
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