01—Abstract
Summary
Summary of the 8-K filed January 23, 2020. Cited figures are marked; the original filing is the authoritative source.
Comcast Corporation (CMCSA) filed an 8-K on January 23, 2020, to report its fourth quarter and full-year 2019 financial results.
The primary focus of this filing is the accompanying press release, which details the company's operational and financial performance for the periods ending December 31, 2019. Investors should note that the company has provided explanations for its use of non-GAAP financial measures, which it believes offer useful insights into its performance, and these are included as separate exhibits. While the 8-K itself does not contain detailed financial figures, it directs investors to the press release for comprehensive results and the explanation of non-GAAP metrics.
The filing emphasizes that these materials are furnished and not deemed 'filed' under SEC regulations, meaning they are not automatically incorporated into other SEC filings. Investors seeking detailed performance data, including revenue, profitability, and segment performance, should refer directly to the press release (Exhibit 99.1) and the supplemental information on non-GAAP measures (Exhibit 99.2).
02—Key points
Key Highlights
- Comcast reported its Q4 and full-year 2019 financial results on January 23, 2020, via an 8-K filing.
- The 8-K filing incorporates a press release (Exhibit 99.1) containing detailed financial and operational results.
- Comcast provided an explanation (Exhibit 99.2) for its use of non-GAAP financial measures, asserting their usefulness to investors.
- Reconciliations between non-GAAP and GAAP financial measures are included within the press release.
- The company stated that the press release and explanation of non-GAAP measures are furnished, not filed, under SEC rules.
- Investors are directed to the press release for specific financial performance data for the periods ending December 31, 2019.
03—Questions
Frequently Asked Questions
What is the main purpose of this Comcast 8-K filing?
The main purpose of this 8-K filing is to publicly announce and provide access to Comcast Corporation's financial and operational results for the three and twelve months ended December 31, 2019, through an attached press release.
Where can I find the actual financial results for Q4 and full-year 2019?
The detailed financial results are located in the press release attached as Exhibit 99.1 to this 8-K filing. You should refer to that document for specific figures.
Does Comcast use non-GAAP financial measures, and where can I learn more?
Yes, Comcast uses non-GAAP financial measures and has provided an explanation of these measures and their usefulness to investors as Exhibit 99.2. Reconciliations to GAAP measures are also included within the press release (Exhibit 99.1).
Are the financial results in the press release officially 'filed' with the SEC?
No, Comcast explicitly states that the press release and the explanation of non-GAAP measures are furnished under Item 2.02 and Item 9.01 of the 8-K, and are not intended to be treated as 'filed' or incorporated by reference into other SEC filings.
04—Continue