8-KEarnings & ResultsExhibits & Filings

COMCAST CORP 8-K Report, Financial Results (Feb 24, 2015)

Filed February 24, 2015For Securities:CMCSACCZ

Summary

Comcast Corporation filed an 8-K report on February 24, 2015, to announce its financial results for the three and twelve months ended December 31, 2014. The report primarily directs investors to a press release (Exhibit 99.1) containing these results. It also includes an explanation (Exhibit 99.2) of the non-GAAP financial measures used in the press release, detailing why management believes they offer useful insights and how they are utilized internally. The key takeaway for investors is that this filing serves as a notification of the release of detailed financial performance data. While the 8-K itself doesn't contain the figures, it mandates the availability of the press release and the justification for any non-GAAP metrics, ensuring transparency in how Comcast presents its operational and financial condition to the public and the investment community.

Key Highlights

  • 1Comcast announced its financial results for the fourth quarter and full year ended December 31, 2014.
  • 2The results were detailed in a press release filed as Exhibit 99.1 to this 8-K.
  • 3The filing includes an explanation of non-GAAP financial measures used in the press release (Exhibit 99.2).
  • 4Exhibit 99.2 clarifies the usefulness and management's usage of these non-GAAP financial measures.
  • 5The press release itself contains reconciliations between non-GAAP and GAAP financial measures.
  • 6This report does not intend for the press release or the explanation of non-GAAP measures to be considered 'filed' under the Securities Exchange Act of 1934, but rather furnished.
  • 7Lawrence J. Salva, Senior Vice President, Chief Accounting Officer and Controller, signed the report on behalf of Comcast.

Frequently Asked Questions

The financial results are detailed in the press release filed as Exhibit 99.1 to this 8-K filing. You should refer to that document for specific figures regarding revenue, earnings, and other operational metrics.

Non-GAAP financial measures are metrics that are not calculated according to Generally Accepted Accounting Principles (GAAP). Comcast is providing an explanation (Exhibit 99.2) to detail why management believes these measures offer valuable insights into the company's financial performance and operations. It also explains how Comcast's management uses these measures internally.

No, Comcast 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. They are furnished as part of this report.