Summary
CME Group Inc. (CME) filed an 8-K on July 27, 2022, to report its financial results for the quarter ended June 30, 2022. The filing primarily incorporates by reference a press release (Exhibit 99.1) detailing these results. Investors should note that the press release includes both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures, such as non-GAAP net income and earnings per share. Management utilizes these non-GAAP measures to offer supplemental insights into the company's financial performance and business trends, believing they enhance comparability with prior periods. While these non-GAAP figures are presented to provide a more complete picture, they should be considered in conjunction with, and not as a replacement for, the GAAP-based financial statements. A reconciliation between the non-GAAP and GAAP measures is provided within the press release.
Key Highlights
- 1CME Group Inc. announced its financial results for the second quarter ended June 30, 2022, via an 8-K filing on July 27, 2022.
- 2The primary content of the filing is Exhibit 99.1, a press release detailing the company's quarterly performance.
- 3The press release includes both GAAP and non-GAAP financial metrics.
- 4Key non-GAAP measures highlighted are non-GAAP net income and non-GAAP earnings per share.
- 5Management believes non-GAAP measures offer valuable supplemental information for assessing financial trends and comparability.
- 6A reconciliation of non-GAAP financial measures to their most comparable GAAP measures is included in the press release.
- 7The information provided is intended to supplement, not replace, GAAP-based financial reporting.