8-KEarnings & ResultsExhibits & Filings

COMCAST CORP 8-K Report, Financial Results (Feb 16, 2011)

Filed February 16, 2011For Securities:CMCSACCZ

Summary

Comcast Corporation (CMCSA) filed an 8-K on February 16, 2011, primarily to report its financial results for the fourth quarter and full year ended December 31, 2010. The filing includes a press release detailing these results and an explanation of the non-GAAP financial measures used in their reporting. This allows investors to gain insight into the company's performance and financial condition as presented by management, along with reconciliations to standard GAAP measures. While the 8-K itself doesn't provide the specific financial figures, it serves as the official notification of the release of this information to the public. Investors should refer to the attached press release (Exhibit 99.1) for the detailed financial performance, including revenue, earnings, and any significant operational metrics. The inclusion of Exhibit 99.2 is also important for understanding how Comcast frames its performance using non-GAAP metrics, which can offer a different perspective on operational efficiency and profitability.

Key Highlights

  • 1Comcast Corporation reported its financial results for the three and twelve months ended December 31, 2010.
  • 2The company filed an 8-K on February 16, 2011, to announce these results.
  • 3Key financial information is contained within an attached press release (Exhibit 99.1).
  • 4The filing includes an explanation of the non-GAAP financial measures used by Comcast (Exhibit 99.2).
  • 5Reconciliations between non-GAAP and GAAP financial measures are provided within the press release.
  • 6This report signals the release of updated performance data to investors.
  • 7The principal accounting officer, Lawrence J. Salva, signed the filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report Comcast's financial results for the fourth quarter and the full fiscal year ended December 31, 2010, to the U.S. Securities and Exchange Commission and the investing public.

The detailed financial results, including revenue and earnings for the period, are contained in the press release attached to this 8-K as Exhibit 99.1. Investors should review this press release for specific figures.

Non-GAAP financial measures are metrics that exclude or include amounts not recognized in accordance with Generally Accepted Accounting Principles (GAAP). Comcast includes them because they believe these measures provide useful information to investors regarding their financial condition and operational results, often offering a view of performance that management finds more relevant. An explanation and reconciliation to GAAP measures are provided in Exhibit 99.2 and the press release.

No, the filing explicitly states that Item 2.02 and its exhibits (99.1 and 99.2) are not intended to be treated as 'filed' under the Securities Exchange Act of 1934 or incorporated by reference into other SEC filings. This means they are furnished for informational purposes rather than being subject to the same liability provisions as formally filed documents.