Summary
CME Group Inc. (CME) filed an 8-K on July 26, 2018, to report its financial results for the second quarter ended June 30, 2018. The filing primarily incorporates by reference a press release (Exhibit 99.1) detailing these results. Investors should note that the press release includes non-GAAP financial measures, specifically non-GAAP net income and earnings per share, which management believes offer valuable supplemental insights into the company's financial performance and trends. While these non-GAAP figures are presented to enhance comparability with prior periods and aid investor understanding, they should be viewed as supplementary to, and not a replacement for, standard GAAP financial reporting. The press release includes a reconciliation of these non-GAAP measures to their most directly comparable GAAP figures, as required by Regulation G, allowing investors to assess the adjustments made by management.
Key Highlights
- 1CME Group Inc. announced its Q2 2018 financial results via an 8-K filing on July 26, 2018.
- 2The core of the filing is the incorporation of a press release (Exhibit 99.1) detailing the quarterly financial performance.
- 3The press release presents non-GAAP net income and non-GAAP earnings per share as supplemental financial information.
- 4Management believes these non-GAAP measures provide better comparability with historical results and offer insights into business trends.
- 5Investors are advised to consider these non-GAAP measures alongside, and not as a substitute for, GAAP financial results.
- 6A reconciliation of non-GAAP to GAAP financial measures is included in the press release as per Regulation G requirements.