Summary
CME Group Inc. (CME) filed an 8-K on April 28, 2021, to report its financial results for the quarter ended March 31, 2021. The filing primarily incorporates by reference a press release (Exhibit 99.1) that details these results. Investors should note that while the press release provides GAAP financial information, it also includes non-GAAP measures like non-GAAP net income and earnings per share. Management believes these non-GAAP measures offer valuable supplemental information for assessing financial and business trends, enhancing comparability with prior periods. A reconciliation between the non-GAAP and GAAP figures is provided in the press release, as required by Regulation G. Investors are advised to review these non-GAAP measures as a supplement to, and not a replacement for, GAAP-based reporting.
Key Highlights
- 1CME Group Inc. announced its financial results for the first quarter ended March 31, 2021, via an 8-K filing on April 28, 2021.
- 2The primary content of the filing is a press release (Exhibit 99.1) containing the quarterly financial performance.
- 3The press release includes both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures.
- 4Key non-GAAP financial metrics highlighted are non-GAAP net income and non-GAAP earnings per share.
- 5CME Group states that non-GAAP measures are used to provide supplemental information and improve comparability with historical results.
- 6A reconciliation of non-GAAP to GAAP financial measures is included in the press release, adhering to Regulation G requirements.