Summary
Gilead Sciences, Inc. (GILD) filed an 8-K on February 4, 2013, to announce its financial results for the fourth quarter and full year ended December 31, 2012. The report primarily directs investors to a press release (Exhibit 99.1) for detailed financial information, including both GAAP and non-GAAP measures. While specific figures are not detailed within the 8-K itself, the filing highlights the company's practice of providing non-GAAP financial information, which management believes offers valuable insights for investors by supplementing the standard GAAP reporting. This approach is utilized internally for strategic planning and operational management.
Key Highlights
- 1Gilead Sciences announced its Q4 and full-year 2012 financial results via an 8-K filing.
- 2The official press release detailing these results is included as Exhibit 99.1.
- 3The company provided financial information on both a GAAP and non-GAAP basis.
- 4Management believes non-GAAP measures offer useful insights for investors.
- 5Non-GAAP information is used internally for operating, budgeting, and financial planning.
- 6Investors are directed to the press release for reconciliation between GAAP and non-GAAP figures.
- 7The information furnished in the 8-K and press release is not considered 'filed' for Section 18 purposes.