What is the main purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce Gilead Sciences' financial results for the second quarter and the first six months of 2016, as detailed in an accompanying press release.

Does Gilead report its financial results using both GAAP and non-GAAP measures?

Yes, Gilead presents its financial results using both U.S. generally accepted accounting principles (GAAP) and non-GAAP measures. The company believes non-GAAP measures provide additional useful insights for investors when viewed alongside GAAP results.

Where can I find the detailed financial results and the reconciliation between GAAP and non-GAAP figures?

The detailed financial results, including the reconciliation between GAAP and non-GAAP figures, are provided in the press release filed as Exhibit 99.1 to this 8-K report. The reconciliation can be found on pages 8, 9, and 10 of that press release.

Is the information in this 8-K considered 'filed' for legal liability purposes?

No, the information in this Form 8-K and its exhibit is specifically stated as not being deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities under that section.

GILD 8-K: Earnings & Results

Summary

Gilead Sciences, Inc. (GILD) filed an 8-K on July 25, 2016, to announce its financial results for the second quarter and six months ended June 30, 2016. The report primarily references a press release (Exhibit 99.1) which contains detailed financial information. Investors should note that Gilead presents both GAAP and non-GAAP financial measures, with management believing the non-GAAP figures offer additional insight for operational and planning purposes. A reconciliation between GAAP and non-GAAP results is available within the press release.

Key Highlights

1Gilead Sciences announced its Q2 2016 financial results on July 25, 2016.
2The 8-K filing incorporates by reference a press release (Exhibit 99.1) detailing the financial results.
3Gilead reports financial results on both GAAP and non-GAAP bases.
4Management utilizes non-GAAP financial information for internal operational, budgeting, and planning.
5Investors are advised to review the reconciliation provided in the press release for GAAP to non-GAAP financial information.
6The filing does not incorporate information by reference into any previous or future SEC filings.
7The event date for the financial results announcement was July 24, 2016.

GILEAD SCIENCES, INC. 8-K Report, Financial Results (Jul 25, 2016)

Summary

Key Highlights

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