8-KEarnings & ResultsExhibits & Filings

COMCAST CORP 8-K Report, Financial Results (Oct 27, 2015)

Filed October 27, 2015For Securities:CMCSACCZ

Summary

Comcast Corporation filed an 8-K report on October 27, 2015, to announce its financial results for the three and nine months ended September 30, 2015. The filing includes a press release detailing these results, alongside an explanation of the non-GAAP financial measures used by the company. Investors should refer to the attached press release for a comprehensive overview of the company's operational and financial performance during the reported periods. The accompanying exhibits provide important context for understanding Comcast's financial reporting. Exhibit 99.1 contains the full press release detailing the financial results, while Exhibit 99.2 explains the rationale behind Comcast's use of non-GAAP financial measures and how management utilizes them. This allows investors to gain a clearer perspective on the company's performance beyond standard GAAP reporting, understanding the adjustments made and their significance.

Key Highlights

  • 1Comcast Corporation reported its financial results for the periods ending September 30, 2015.
  • 2The report was filed on October 27, 2015.
  • 3The filing includes a press release (Exhibit 99.1) detailing the quarterly and year-to-date financial performance.
  • 4An explanation of non-GAAP financial measures used by Comcast is provided (Exhibit 99.2).
  • 5Comcast management believes these non-GAAP measures offer useful insights into financial condition and results of operations.
  • 6The press release itself contains reconciliations between non-GAAP and GAAP financial measures.
  • 7The company's principal executive offices are located in Philadelphia, PA.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce and provide Comcast Corporation's financial results for the three and nine months ended September 30, 2015, along with explanations for the non-GAAP financial measures used in their reporting.

The detailed financial results for the periods ended September 30, 2015, are available 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 not recognized under Generally Accepted Accounting Principles (GAAP). Comcast uses them because management believes they provide a more useful picture of the company's financial condition and results of operations to investors. Exhibit 99.2 of this filing provides a detailed explanation of these measures and their use.

Yes, the press release (Exhibit 99.1) itself includes a reconciliation of the non-GAAP financial measures presented to the most directly comparable GAAP financial measures, allowing investors to compare both.