Summary
CME Group Inc. (CME) filed an 8-K report on October 28, 2020, primarily to announce its financial results for the third quarter ended September 30, 2020. The report references a press release (Exhibit 99.1) containing these results. Investors should note that while the press release provides GAAP financial measures, it also includes non-GAAP measures such as non-GAAP net income and earnings per share. Management considers these non-GAAP figures important for supplemental information and comparability with prior periods, though they should be viewed alongside and not as a substitute for GAAP results. A reconciliation of these non-GAAP measures to their GAAP equivalents is provided in the press release as required by Regulation G.
Key Highlights
- 1CME Group Inc. announced its Q3 2020 financial results via an 8-K filing on October 28, 2020.
- 2The report incorporates a press release (Exhibit 99.1) detailing the financial performance for the quarter ended September 30, 2020.
- 3Non-GAAP financial measures, including non-GAAP net income and earnings per share, are presented alongside GAAP results.
- 4Management believes non-GAAP measures offer valuable supplemental information for understanding financial trends and comparability.
- 5Reconciliation between non-GAAP and GAAP financial measures is provided in the press release.
- 6The filing is for informational purposes regarding operational and financial condition updates.