Summary
CME Group Inc. (CME) filed an 8-K on October 27, 2016, primarily to announce its financial results for the quarter ended September 30, 2016. The report incorporates by reference a press release (Exhibit 99.1) containing these results. Investors should note that the press release includes both GAAP and non-GAAP financial measures, specifically non-GAAP net income and earnings per share. Management emphasizes that these non-GAAP measures are provided to offer supplemental insights into financial and business trends, enhancing comparability with prior periods. While these measures are believed to be useful, they should be considered alongside, and not as a substitute for, the GAAP financial results. The filing also confirms that the information is furnished under Item 2.02 and Item 9.01, with the press release attached as an exhibit. A reconciliation of non-GAAP to GAAP measures is included in the press release as per Regulation G requirements.
Key Highlights
- 1CME Group Inc. announced its financial results for the third quarter of 2016 via an 8-K filing.
- 2The report incorporates a press release dated October 27, 2016, as Exhibit 99.1.
- 3The press release includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures.
- 4Key non-GAAP metrics discussed are non-GAAP net income and non-GAAP earnings per share.
- 5Management believes non-GAAP measures provide supplemental information and improve comparability with historical results.
- 6These non-GAAP measures are intended to be supplementary and not a replacement for GAAP figures.
- 7A reconciliation between non-GAAP and GAAP financial measures is provided in the press release, adhering to Regulation G.