Summary
CME Group Inc. (CME) filed an 8-K on February 10, 2021, to report its financial results for the fourth quarter and full year ended December 31, 2020. The report primarily incorporates by reference a press release (Exhibit 99.1) detailing these results. Investors should note that while GAAP financial statements are presented, the press release also includes non-GAAP financial measures such as non-GAAP net income and earnings per share. CME Group's management believes these non-GAAP measures offer valuable supplemental information for understanding financial and business trends, as well as enhancing comparability with prior periods. A reconciliation of these non-GAAP figures to their most directly comparable GAAP measures is provided within the press release, adhering to Regulation G requirements. Investors are encouraged to review both the GAAP and non-GAAP information, understanding that non-GAAP measures should be considered supplementary to, and not a replacement for, GAAP figures.
Key Highlights
- 1CME Group Inc. reported its Q4 and full-year 2020 financial results on February 10, 2021, via an 8-K filing.
- 2The filing incorporates a press release (Exhibit 99.1) containing the detailed financial results.
- 3The press release includes non-GAAP financial measures, such as non-GAAP net income and EPS, as supplemental information.
- 4Management believes non-GAAP measures aid in understanding business trends and improve comparability with prior periods.
- 5A reconciliation between non-GAAP and GAAP financial measures is provided in the press release as required by Regulation G.
- 6Investors should consider these non-GAAP measures as supplementary to, not a substitute for, GAAP results.