8-KEarnings & ResultsLeadership ChangesExhibits & Filings

Intercontinental Exchange, Inc. 8-K Report, Financial Results (Feb 7, 2018)

Filed February 7, 2018For Securities:ICE

Summary

Intercontinental Exchange (ICE) filed an 8-K on February 7, 2018, primarily to announce its financial results for the fiscal quarter and year ended December 31, 2017, through an accompanying press release (Exhibit 99.1). This filing also disclosed a significant change in its accounting leadership. Investors should review the attached press release for detailed financial performance metrics, including any non-GAAP measures and their reconciliations to GAAP, as these will provide the core operational and financial insights for the period.

Key Highlights

  • 1ICE announced its fourth quarter and full year 2017 financial results via a press release filed as Exhibit 99.1.
  • 2The company is providing the press release under Item 2.02 of Form 8-K, meaning the information is furnished, not deemed filed.
  • 3The filing notes that ICE uses non-GAAP financial information and directs readers to the press release and upcoming 10-K for reconciliations.
  • 4Dean Mathison will cease to serve as Chief Accounting Officer, Corporate Controller, and principal accounting officer, effective February 8, 2018.
  • 5Mr. Mathison will remain with ICE as Senior Vice President, Accounting until April 30, 2018, to ensure a smooth transition.
  • 6James Namkung has been appointed as the new Chief Accounting Officer, Corporate Controller, and principal accounting officer, effective February 8, 2018.
  • 7The change in accounting leadership was not due to any disagreements regarding ICE's accounting practices, operations, or policies.

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