Summary
CME Group Inc. (CME) filed an 8-K on October 29, 2015, to report its financial results for the quarter ended September 30, 2015. The filing primarily incorporates a press release (Exhibit 99.1) detailing these results, including both GAAP and non-GAAP financial measures. Investors should note the inclusion of non-GAAP net income and earnings per share, which management believes offer supplemental insights into financial and business trends and enhance comparability with prior periods. While the company emphasizes the utility of these non-GAAP measures for analysis, it also clarifies that they should be considered in conjunction with, and not as a replacement for, GAAP-based figures. A reconciliation between non-GAAP and GAAP measures is provided within the press release as required by Regulation G. The 8-K itself is brief, directing investors to the attached press release for substantive financial data and commentary.
Key Highlights
- 1CME Group Inc. announced its financial results for the third quarter of 2015 via an 8-K filing on October 29, 2015.
- 2The filing incorporates a press release (Exhibit 99.1) containing the detailed financial results.
- 3The press release includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures.
- 4Non-GAAP net income and earnings per share are presented to provide supplemental information on financial trends.
- 5Management believes non-GAAP measures enhance comparability with historical financial reports.
- 6A reconciliation between non-GAAP and GAAP financial measures is provided in the press release.
- 7The company advises that non-GAAP measures should be considered supplemental to, and not a substitute for, GAAP measures.