Summary
Comcast Corporation filed an 8-K report on October 26, 2016, to announce its financial results for the three and nine months ended September 30, 2016. The report primarily directs investors to an attached press release (Exhibit 99.1) containing the detailed financial performance data and an explanation of non-GAAP financial measures (Exhibit 99.2). While the 8-K itself does not contain the specific financial figures, it signifies the official release of the quarterly earnings. Investors should refer to the provided exhibits for comprehensive insights into Comcast's operational and financial condition during the period, including any adjustments or metrics management finds particularly useful for understanding performance.
Key Highlights
- 1Comcast Corporation released its financial results for the periods ending September 30, 2016.
- 2The 8-K filing includes a press release detailing the company's operational and financial performance.
- 3An explanation of non-GAAP financial measures used by Comcast is also provided.
- 4These non-GAAP measures are presented as providing useful information to investors.
- 5Reconciliations between non-GAAP and GAAP financial measures are included within the press release.
- 6The filing does not intend for the attached documents to be considered 'filed' for purposes of securities laws, but rather as furnished information.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially announce and provide access to Comcast Corporation's financial results for the three and nine months ended September 30, 2016, through an attached press release.
The detailed financial results, including performance data and explanations of non-GAAP measures, are contained within Exhibit 99.1 (the press release) and Exhibit 99.2 (explanation of non-GAAP measures) attached to this 8-K filing.
Non-GAAP financial measures are financial metrics that are not calculated in accordance with Generally Accepted Accounting Principles (GAAP). Comcast includes them, as explained in Exhibit 99.2, because management believes they provide useful insights into the company's financial condition and operational results that may not be apparent from GAAP measures alone.
This 8-K serves as the official release of quarterly results. Investors should carefully review the attached press release and explanation of non-GAAP measures to understand the reported performance and incorporate this information into their ongoing investment analysis. The filing itself does not contain the specific numbers but directs you to where they can be found.