Summary
Comcast Corporation filed an 8-K report on October 30, 2013, primarily to announce its financial results for the third quarter and the first nine months of 2013. The report references a press release detailing these results and provides supplementary information regarding the use of non-GAAP financial measures. Investors should note that this filing is intended to provide an update on operational performance and financial condition as of September 30, 2013. The key takeaway for investors is that Comcast is providing detailed financial reporting, including explanations for their use of non-GAAP metrics, which is intended to offer a more comprehensive view of the company's performance. While the 8-K itself does not contain the detailed financial statements, it directs investors to the attached press release (Exhibit 99.1) for this crucial information and a reconciliation of GAAP to non-GAAP figures (Exhibit 99.2).
Key Highlights
- 1Comcast Corporation (CMCSA) filed an 8-K on October 30, 2013, reporting its financial results.
- 2The report covers the three and nine months ended September 30, 2013.
- 3A press release (Exhibit 99.1) containing the detailed financial results is attached to the filing.
- 4Comcast provided an explanation of its use of non-GAAP financial measures (Exhibit 99.2).
- 5The company stated that the presentation of non-GAAP measures is intended to provide useful information to investors.
- 6Reconciliations between GAAP and non-GAAP financial measures are included in the press release.
- 7The filing specifically states that these items are not intended to be treated as 'filed' under the Securities Exchange Act of 1934.