01—Abstract
Summary
Summary of the 8-K filed August 5, 2021. Cited figures are marked; the original filing is the authoritative source.
Expedia Group, Inc. (EXPE) filed an 8-K on August 5, 2021, to report its financial results for the quarter ended June 30, 2021.
The filing primarily references an accompanying earnings release (Exhibit 99.1) which contains the detailed financial performance and commentary. Investors should note that Expedia Group is utilizing non-GAAP financial measures in its reporting, and a reconciliation to the nearest comparable GAAP measures is provided within the furnished earnings release.
This report signals the company's quarterly performance update and provides investors with access to key financial metrics and management's discussion on the period's results. While the 8-K itself is procedural, the attached earnings release is the critical document for understanding Expedia's operational and financial condition during the second quarter of 2021.
02—Key points
Key Highlights
- Expedia Group announced its financial results for the second quarter ended June 30, 2021, via an 8-K filing.
- The filing includes an earnings release (Exhibit 99.1) containing detailed financial information.
- Expedia Group is presenting non-GAAP financial measures in its earnings release.
- A reconciliation between non-GAAP and GAAP financial measures is available in the earnings release.
- The 8-K serves as the official notification of the earnings release and conference call.
- The information furnished in this 8-K is not considered 'filed' for certain SEC purposes, meaning liability under Section 18 of the Exchange Act does not apply unless specifically incorporated by reference into a filing.
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 formally announce Expedia Group's financial results for the second quarter of 2021 and to furnish the accompanying earnings release which provides the detailed financial data and management's commentary.
Where can I find the actual financial results and analysis?
The detailed financial results, key performance indicators, and management's discussion are found in Exhibit 99.1, the earnings release furnished with this 8-K filing.
Are the reported financial numbers GAAP or non-GAAP?
Expedia Group is making reference to non-GAAP financial measures in its earnings release. A reconciliation to the nearest comparable GAAP financial measures is provided within the earnings release itself.
What are the implications of the information not being 'filed' under Section 18?
The information furnished in this 8-K, and specifically the earnings release, is generally not subject to the liabilities of Section 18 of the Securities Exchange Act of 1934. This means the company faces less risk of litigation for misstatements or omissions in this particular disclosure, unless the information is expressly incorporated by reference into a registration statement or other filing.
04—Continue