8-KEarnings & ResultsLeadership ChangesExhibits & Filings

Guardant Health, Inc. 8-K Report, Financial Results (Feb 24, 2020)

Filed February 24, 2020For Securities:GH

Summary

Guardant Health, Inc. (GH) filed an 8-K on February 24, 2020, primarily to announce its financial results for the fiscal quarter and year ended December 31, 2019, through an accompanying press release. While the specific financial figures are detailed in the press release (Exhibit 99.1), this filing serves as a notification to investors about these results. Investors should refer to the furnished press release for comprehensive details on revenue, profitability, and other key financial metrics for the period. Beyond financial results, a significant event disclosed is the impending retirement of the Company's Chief Financial Officer (CFO), Derek Bertocci, during the second quarter of 2020. The company has commenced a search for a successor and Mr. Bertocci will continue in his role to ensure a smooth transition. This executive change, while planned, is an important consideration for investors assessing leadership stability and financial stewardship.

Key Highlights

  • 1Guardant Health announced its financial results for the fourth quarter and full year ended December 31, 2019.
  • 2The financial results were disseminated via a press release furnished as Exhibit 99.1 to the 8-K filing.
  • 3Chief Financial Officer (CFO), Derek Bertocci, has informed the company of his intention to retire during the second quarter of 2020.
  • 4The company has initiated a search process to identify and appoint a new CFO.
  • 5Mr. Bertocci will continue to serve as CFO until a successor is hired to facilitate an orderly transition.
  • 6The information provided in this 8-K and its exhibits is furnished and not deemed "filed" for certain regulatory purposes.

Frequently Asked Questions

This 8-K filing itself does not contain the specific financial figures. However, it states that the company issued a press release on February 24, 2020, announcing these results. Investors should refer to Exhibit 99.1, the furnished press release, for detailed financial information such as revenue, earnings, and other performance metrics for the fourth quarter and full year ended December 31, 2019.

The filing states that the company has initiated a search to identify a new CFO. A successor has not yet been appointed. Mr. Bertocci is expected to remain in his role until his replacement is hired to ensure a smooth transition.

Derek Bertocci has notified the company of his intention to retire during the second quarter of 2020. The exact retirement date will depend on when a successor is hired.

No, the information furnished in this 8-K filing, including the press release (Exhibit 99.1), is not deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934. This means it is not subject to the liabilities of that section, nor is it automatically incorporated into other SEC filings unless expressly stated.