Summary
Gilead Sciences, Inc. (GILD) filed an 8-K on October 27, 2015, to announce its financial results for the third quarter ended September 30, 2015. The report primarily directs investors to a press release (Exhibit 99.1) for detailed financial information, including both GAAP and non-GAAP figures. Management believes the non-GAAP presentation offers valuable insights for investors, as it's used internally for operational and financial planning. This supplemental information aids in understanding the company's performance beyond standard accounting measures.
Key Highlights
- 1Gilead Sciences announced its third-quarter 2015 financial results on October 27, 2015.
- 2The company provided both GAAP and non-GAAP financial information for the three and nine months ended September 30, 2015, and 2014.
- 3Management believes non-GAAP financial measures are useful for investors and are used internally for operational, budgeting, and financial planning.
- 4A reconciliation between GAAP and non-GAAP financial information is available in the filed press release (Exhibit 99.1).
- 5The press release contains the primary details of the financial results.
- 6The information furnished in the 8-K is not considered 'filed' for purposes of Section 18 of the Exchange Act.