Summary
Mastercard Incorporated filed an 8-K on October 30, 2014, to report its third-quarter 2014 financial results. The filing includes a press release and a presentation for an upcoming conference call discussing these results. Investors should note that Mastercard uses non-GAAP financial measures, specifically currency-adjusted growth rates, to provide a clearer view of ongoing operational performance by removing the impact of foreign currency fluctuations. While the specific financial figures are not detailed within the 8-K text itself, the report serves as a notification of the release of these results. The key takeaway for investors is the timing of the Q3 2014 earnings announcement and the availability of detailed financial information and management commentary through the accompanying press release and presentation. The company emphasizes that management utilizes these non-GAAP measures for internal evaluation and performance assessment, suggesting investors should pay attention to both reported and adjusted figures.
Key Highlights
- 1Mastercard Inc. announced its third-quarter 2014 financial results on October 30, 2014.
- 2The 8-K filing includes a press release (Exhibit 99.1) detailing the Q3 2014 financial performance.
- 3A presentation (Exhibit 99.2) for the Q3 2014 earnings conference call is also attached.
- 4The company highlighted its use of non-GAAP financial measures, specifically currency-adjusted growth rates.
- 5Management believes these non-GAAP measures offer a better understanding of ongoing operations by excluding foreign currency fluctuations.
- 6These non-GAAP figures are used for internal planning, forecasting, and performance-based compensation.
- 7The information provided in the press release and presentation is furnished, not filed, meaning it's for informational purposes but not subject to the same regulatory scrutiny as filed information.