8-KEarnings & ResultsExhibits & Filings

COMCAST CORP 8-K Report, Financial Results (Jan 27, 2022)

Filed January 27, 2022For Securities:CMCSACCZ

Summary

Comcast Corporation filed an 8-K on January 27, 2022, announcing its financial results for the fourth quarter and full year ended December 31, 2021. The filing includes a press release detailing these results and an explanation of the non-GAAP financial measures used, alongside their reconciliation to GAAP. Investors should refer to the press release for the specific operational and financial performance metrics. While the 8-K itself does not provide the specific financial figures, it directs investors to Exhibit 99.1, the press release, for detailed information. The company emphasizes that this information is for informational purposes and not considered 'filed' under SEC regulations, which is a standard disclosure practice for such earnings releases. The core of the investor's analysis will therefore be within the content of the attached press release, which outlines key performance indicators and management's perspective on the company's financial health and operational achievements for the period.

Key Highlights

  • 1Comcast announced Q4 and Full Year 2021 financial results on January 27, 2022.
  • 2The 8-K filing primarily references a press release (Exhibit 99.1) for detailed financial and operational data.
  • 3An explanation of non-GAAP financial measures used by Comcast is provided in Exhibit 99.2.
  • 4Reconciliations between non-GAAP and GAAP financial measures are included within the press release.
  • 5The company is providing an update on its performance for the period ending December 31, 2021.
  • 6This filing does not constitute a formal incorporation of the information into other SEC filings.
  • 7Investors are directed to the press release for specific financial performance details.

Frequently Asked Questions

The 8-K filing does not contain the specific financial results. Investors need to refer to Exhibit 99.1, the press release dated January 27, 2022, which contains the detailed financial and operational results for the three and twelve months ended December 31, 2021.

Comcast uses non-GAAP financial measures to provide additional insights into its operational performance and financial condition. Exhibit 99.2 explains the specific reasons management believes these measures are useful for investors and how they are used internally, along with reconciliations to the most comparable GAAP measures.

No, Comcast explicitly states that the information furnished in Item 2.02 and the attached exhibits (99.1 and 99.2) are not intended to be 'filed' under the Securities Exchange Act of 1934. This is a common disclosure to limit the liabilities associated with incorporating this information into other SEC filings.

The press release attached as Exhibit 99.1 to this 8-K filing includes the necessary reconciliations of Comcast's non-GAAP financial measures to the most directly comparable GAAP financial measures.