Summary
CME Group Inc. (CME) filed an 8-K on August 1, 2017, to report its financial results for the quarter ended June 30, 2017. The primary purpose of this filing was to attach the press release containing these results, which is incorporated by reference as Exhibit 99.1. This report highlights CME Group's use of non-GAAP financial measures, specifically non-GAAP net income and earnings per share, in addition to their GAAP-based figures. Management asserts that these non-GAAP measures offer valuable supplemental information for investors, providing a clearer view of financial and business trends and enhancing comparability with prior periods. While acknowledging that non-GAAP adjustments may include recurring items, CME Group provides a reconciliation to GAAP measures as required by Regulation G.
Key Highlights
- 1CME Group Inc. (CME) released its Q2 2017 financial results via a press release filed on August 1, 2017.
- 2The 8-K filing includes Exhibit 99.1, which is the press release detailing the company's financial performance for the quarter ending June 30, 2017.
- 3The company utilized non-GAAP financial measures, including non-GAAP net income and earnings per share, alongside GAAP results.
- 4Management believes these non-GAAP measures offer important supplemental information for investors.
- 5The use of non-GAAP figures is intended to provide better comparability with the company's historical financial reporting.
- 6A reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures is provided in the press release, in compliance with Regulation G.