Summary
Gilead Sciences, Inc. (GILD) filed an 8-K/A amendment on July 25, 2016, primarily to furnish a press release detailing its financial results for the second quarter ended June 30, 2016. The press release, included as an exhibit, provides both GAAP and non-GAAP financial metrics, which management utilizes for internal operational and financial planning purposes. Investors are advised to review these non-GAAP figures in conjunction with the official GAAP financial statements, as non-GAAP measures may vary in definition and calculation across the industry.
Key Highlights
- 1Gilead Sciences announced its financial results for the quarter ended June 30, 2016, via a press release on July 25, 2016.
- 2The filing is an amendment (8-K/A) to a previous report.
- 3Both GAAP and non-GAAP financial information were presented for the second quarter of 2016 and 2015.
- 4Management believes non-GAAP information is useful for investors, aiding in the understanding of operating results.
- 5Non-GAAP financial measures are not prepared under comprehensive accounting rules and should supplement GAAP data.
- 6Reconciliations between GAAP and non-GAAP figures are available on pages 8-10 of the press release (Exhibit 99.1).
- 7The information furnished in this 8-K is not considered 'filed' for certain regulatory purposes, including Section 18 of the Exchange Act.