01—Abstract
Summary
Summary of the 8-K filed October 24, 2019. Cited figures are marked; the original filing is the authoritative source.
Comcast Corporation (CMCSA) filed an 8-K on October 24, 2019, to report its financial results for the three and nine months ended September 30, 2019.
The report primarily serves to attach the company's earnings press release (Exhibit 99.1), which contains detailed financial performance data. Investors should note that the company is providing a non-GAAP financial measures section (Exhibit 99.2) to offer additional insights into its operational performance. Comcast believes these non-GAAP measures provide useful information to investors and outlines how management utilizes them.
Reconciliations between GAAP and non-GAAP figures are included within the press release itself. This filing does not intend to be incorporated into other SEC filings.
02—Key points
Key Highlights
- Comcast announced its financial results for the third quarter and first nine months of 2019.
- The 8-K filing primarily serves to furnish the company's earnings press release.
- Exhibit 99.1 contains the detailed press release with Q3 and year-to-date financial results.
- Exhibit 99.2 provides an explanation of non-GAAP financial measures used by Comcast.
- Comcast asserts that its non-GAAP measures offer valuable insights for investors.
- Reconciliation between GAAP and non-GAAP financial measures is available within the press release.
- The company explicitly states that this Item 2.02 filing and its exhibits are not considered 'filed' for regulatory purposes and will not be incorporated into other filings.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to officially report Comcast's financial results for the three and nine months ended September 30, 2019, by attaching their earnings press release as an exhibit.
Where can I find the detailed financial results?
The detailed financial results are provided in the press release attached as Exhibit 99.1 to this 8-K filing.
Does Comcast use non-GAAP financial measures, and where can I learn more?
Yes, Comcast uses non-GAAP financial measures. An explanation of these measures, why the company believes they are useful to investors, and how management uses them is provided in Exhibit 99.2. Reconciliations to the most directly comparable GAAP measures are included in the press release (Exhibit 99.1).
Are the financial results in this filing considered 'filed' by the SEC?
No, Comcast explicitly states that this Item 2.02 filing and its exhibits are not intended to be treated as 'filed' under the Securities Exchange Act of 1934, meaning they are furnished for informational purposes and not subject to the same liability as 'filed' information.
04—Continue