01—Abstract
Summary
Summary of the 8-K filed October 25, 2023. Cited figures are marked; the original filing is the authoritative source.
CME Group Inc. (CME) filed an 8-K report on October 25, 2023, announcing its financial results for the quarter ended September 30, 2023.
The report 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 financial and business trends, aiming for enhanced comparability with prior periods.
While these non-GAAP figures are presented as a supplement to GAAP results, they should be considered alongside, and not as a substitute for, the official GAAP financial statements. The filing assures that a reconciliation between the non-GAAP and the most comparable GAAP measures is provided within the press release, in compliance with Regulation G.
02—Key points
Key Highlights
- CME Group Inc. reported its financial results for the quarter ended September 30, 2023.
- The results are presented in a press release (Exhibit 99.1) attached to the 8-K filing.
- The company provided both GAAP and non-GAAP financial measures in its earnings report.
- Non-GAAP financial measures include non-GAAP net income and earnings per share.
- Management believes non-GAAP measures offer valuable supplemental information and improve comparability.
- A reconciliation of non-GAAP to GAAP financial measures is included in the press release.
- This information is for informational purposes and is not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934, except as otherwise noted in future filings.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report CME Group Inc.'s financial results for the quarter ended September 30, 2023, by incorporating a press release (Exhibit 99.1) that details these results.
What types of financial measures are presented by CME Group?
CME Group presents both financial measures in accordance with Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures. The non-GAAP measures include non-GAAP net income and earnings per share.
Why does CME Group provide non-GAAP financial measures?
Management believes that non-GAAP financial measures provide important supplemental information to investors about financial and business trends, offering a better measure of comparability with the company's prior financial reports.
How should investors interpret the non-GAAP financial measures?
Investors should consider the non-GAAP financial measures as a supplement to, and not as a substitute for, or superior to, the corresponding GAAP financial measures. A reconciliation of these non-GAAP measures to the most directly comparable GAAP measures is provided in the press release.
04—Continue