Summary
Comcast Corporation (CMCSA) filed an 8-K on October 28, 2021, to report its financial results for the third quarter and the first nine months of 2021. The filing primarily references a press release (Exhibit 99.1) containing the detailed financial performance and operational updates. Investors should note that this report incorporates non-GAAP financial measures, with an explanation provided in Exhibit 99.2, which management believes offer valuable insights into the company's performance beyond standard GAAP reporting. Reconciliations between GAAP and non-GAAP measures are included within the press release itself.
Key Highlights
- 1Comcast reported its third quarter and year-to-date financial results for 2021.
- 2The press release detailing these results is attached as Exhibit 99.1.
- 3The company provided an explanation of its non-GAAP financial measures in Exhibit 99.2.
- 4Comcast's management believes these non-GAAP measures offer useful information to investors.
- 5Reconciliations between GAAP and non-GAAP financial measures are provided within the press release.
- 6The filing does not intend for these exhibits to be considered 'filed' under SEC regulations, meaning they are furnished for informational purposes.
Frequently Asked Questions
The main purpose of this 8-K filing is to report Comcast Corporation's financial results for the three and nine months ended September 30, 2021, through an attached press release.
The detailed financial results, including operational performance and financial condition for the period, are available in the press release attached as Exhibit 99.1 to this 8-K filing.
Non-GAAP financial measures are metrics that exclude or include amounts not recognized under Generally Accepted Accounting Principles (GAAP). Comcast includes these measures because management believes they provide investors with a clearer view of the company's operational performance and financial condition. An explanation of these measures and their use is provided in Exhibit 99.2.
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. This means they are furnished for informational purposes and do not carry the same legal implications as officially filed information.