Summary
CME Group Inc. (CME) filed an 8-K on May 1, 2014, to report its financial results for the quarter ended March 31, 2014. The filing primarily incorporates a press release (Exhibit 99.1) detailing these results. Investors should note that while the press release presents GAAP financial results, it also includes non-GAAP earnings per share. Management utilizes these non-GAAP measures to offer supplemental insights into financial and business trends and to enhance comparability with prior periods. However, investors are advised to consider these non-GAAP measures as supplemental and not a substitute for the standard GAAP financial reporting.
Key Highlights
- 1CME Group Inc. reported financial results for the first quarter ended March 31, 2014, via an 8-K filing.
- 2The core of the filing is a press release (Exhibit 99.1) containing the financial results.
- 3The press release includes both GAAP (Generally Accepted Accounting Principles) financial measures and non-GAAP earnings per share.
- 4Management believes non-GAAP earnings per share provide valuable supplemental information for assessing financial and business trends.
- 5The use of non-GAAP measures is intended to improve comparability with the company's historical financial performance.
- 6Reconciliation between non-GAAP and GAAP financial measures is provided within the press release as required by Regulation G.
- 7Information provided in this 8-K, including the press release, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, unless expressly incorporated by reference.