01—Abstract
Summary
Summary of the 8-K filed February 9, 2022. Cited figures are marked; the original filing is the authoritative source.
CME Group Inc. (CME) filed an 8-K on February 9, 2022, to report its financial results for the quarter ended December 31, 2021.
The filing primarily incorporates by reference a press release (Exhibit 99.1) that details these results. Investors should note that while GAAP financial measures are presented, the press release also includes non-GAAP measures such as non-GAAP net income and earnings per share. Management utilizes these non-GAAP measures to provide supplemental information and enhance comparability with prior periods, believing they offer valuable insights into financial and business trends.
CME Group has provided reconciliations of these non-GAAP figures to their most directly comparable GAAP counterparts as required by Regulation G. Investors are advised to consider these non-GAAP measures as supplementary to, and not as a replacement for, GAAP-based reporting.
02—Key points
Key Highlights
- CME Group Inc. reported its financial results for the quarter ended December 31, 2021, via an 8-K filing on February 9, 2022.
- The 8-K incorporates by reference a press release (Exhibit 99.1) containing the detailed financial results.
- The press release includes both GAAP and non-GAAP financial measures.
- Non-GAAP financial measures, specifically non-GAAP net income and earnings per share, are presented.
- Management believes these non-GAAP measures offer important supplemental information and improve comparability.
- Reconciliations between non-GAAP and GAAP financial measures are provided in the press release as per Regulation G requirements.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to report CME Group Inc.'s financial results for the quarter ended December 31, 2021, primarily through the incorporation of a press release.
Does this filing contain new financial data not previously released?
This filing incorporates by reference a press release dated February 9, 2022, which contains the financial results. Investors should refer to that press release for the specific financial data.
What are non-GAAP financial measures and why are they included?
Non-GAAP financial measures are financial metrics that are not prepared in accordance with Generally Accepted Accounting Principles (GAAP). CME Group includes non-GAAP net income and earnings per share to provide supplemental information to investors and management, which they believe better reflects financial and business trends and allows for greater comparability with prior periods.
How can I find the reconciliation between non-GAAP and GAAP measures?
The press release attached as Exhibit 99.1 to this 8-K filing contains the required reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures, as mandated by Regulation G.
04—Continue