Summary
Gilead Sciences, Inc. (GILD) filed an 8-K on February 2, 2016, announcing its financial results for the fourth quarter and full year ended December 31, 2015. The press release, filed as Exhibit 99.1, provides both GAAP and non-GAAP financial information, with management emphasizing the utility of non-GAAP metrics for internal operational and financial planning purposes. Investors are advised to consider this non-GAAP data alongside the company's official GAAP financial statements. A detailed reconciliation between GAAP and non-GAAP figures is available on pages 8 and 9 of the press release.
Key Highlights
- 1Gilead Sciences announced fourth quarter and full year 2015 financial results on February 2, 2016.
- 2The company provided both GAAP and non-GAAP financial metrics.
- 3Non-GAAP financial information is presented to supplement understanding of operating results, as management uses it for internal planning.
- 4A reconciliation between GAAP and non-GAAP financial data is included in the press release.
- 5The press release is filed as Exhibit 99.1 to the 8-K filing.
- 6Information provided in the 8-K and exhibit is not considered 'filed' for Section 18 of the Exchange Act.