Summary
Comfort Systems USA, Inc. (FIX) filed a Form 8-K on May 8, 2013, primarily to disclose the posting of an investor presentation on their website. This presentation, intended for analysts and potential investors, contains financial information that may include non-GAAP measures. The company emphasizes that these non-GAAP metrics are used by management for performance analysis and provide supplemental information to enhance understanding of core business operations. However, investors are cautioned that these measures are not a substitute for GAAP-based financial results and may not be directly comparable to similar measures presented by other companies.
Key Highlights
- 1Comfort Systems USA, Inc. filed an 8-K on May 8, 2013.
- 2The primary purpose of the filing is to disclose an investor presentation made available on the company's website.
- 3The presentation is intended for use with analysts, potential investors, and other interested parties.
- 4The presentation includes financial information, some of which is presented using non-GAAP measures.
- 5Management uses non-GAAP measures for internal performance analysis.
- 6The company believes non-GAAP measures offer useful supplemental information for understanding core business operations.
- 7Investors are advised that non-GAAP disclosures are not a substitute for GAAP and may not be comparable to other companies' metrics.
Frequently Asked Questions
The main purpose of this 8-K filing is to inform investors and the public that Comfort Systems USA, Inc. has posted an investor presentation on its website. This presentation is used for discussions with analysts and investors.
The filing states the presentation includes financial information, which may utilize non-GAAP (Generally Accepted Accounting Principles) measures. The filing does not specify if these are new results or a general overview, but highlights the use of non-GAAP metrics for management's analysis.
Non-GAAP measures are financial metrics calculated in a way that deviates from standard accounting principles (GAAP). Comfort Systems USA, Inc. states that its management uses these measures to analyze performance and believes they provide useful supplemental information for understanding the company's core businesses. However, they caution that these should not replace GAAP figures and might not be comparable to other companies.
The investor presentation was posted to the 'Investor' section of Comfort Systems USA, Inc.'s website at www.comfortsystemsusa.com. A copy is also furnished as Exhibit 99.1 to this 8-K filing.