What are non-GAAP financial measures, and why does CME Group use them?

Non-GAAP financial measures are metrics that are not calculated according to Generally Accepted Accounting Principles (GAAP). CME Group uses them, such as non-GAAP net income and earnings per share, to provide supplemental information that management believes offers better insights into financial and business trends and allows for improved comparability with prior periods.

How should investors interpret the non-GAAP financial information presented?

Investors should interpret the non-GAAP financial information as supplemental to the official GAAP financial statements. They are not intended to replace or be considered superior to GAAP measures. The filing also indicates that a reconciliation to the most directly comparable GAAP measures is available within the press release.

Is the information in the press release considered 'filed' for legal purposes?

No, the information set forth in the press release, including the financial results, is furnished and not deemed 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into any other SEC filing unless specifically stated.

CME 8-K: Earnings & Results

Q: What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to publicly report CME Group Inc.'s financial results for the quarter ended June 30, 2015, by incorporating a press release (Exhibit 99.1) that contains these results.

Summary

CME Group Inc. filed an 8-K report on July 30, 2015, to disclose its financial results for the quarter ended June 30, 2015. The filing primarily incorporates by reference a press release (Exhibit 99.1) containing these results. Investors should note that the press release includes both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures, such as non-GAAP net income and earnings per share. Management believes these non-GAAP measures offer valuable supplemental information for understanding financial and business trends, enhancing comparability with prior periods. However, investors are advised that these non-GAAP figures should be considered alongside, not as a replacement for, the GAAP financial data. The press release also provides a reconciliation between the non-GAAP and GAAP measures as required by Regulation G.

Key Highlights

1CME Group Inc. announced its financial results for the second quarter of 2015 via an 8-K filing dated July 30, 2015.
2The primary content of the filing is a press release (Exhibit 99.1) detailing the company's financial performance.
3The press release includes both GAAP and non-GAAP financial measures, specifically non-GAAP net income and earnings per share.
4Management asserts that non-GAAP measures provide important supplemental information for investors regarding financial and business trends.
5The use of non-GAAP measures is intended to improve comparability with the company's historical financial reports.
6Investors are cautioned that non-GAAP measures are supplemental and should not be considered superior to or a substitute for GAAP measures.
7A reconciliation of non-GAAP to GAAP financial measures is provided in the press release, in compliance with Regulation G.

CME GROUP INC. 8-K Report, Financial Results (Jul 30, 2015)

Summary

Key Highlights

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