8-KEarnings & ResultsRegulation FDExhibits & Filings

Mastercard Inc 8-K Report, Financial Results (Apr 29, 2015)

Filed April 29, 2015For Securities:MA

Summary

Mastercard Inc. filed an 8-K on April 29, 2015, to announce its first-quarter 2015 financial results and provide related materials for an upcoming conference call. The filing primarily includes a press release and a presentation that offer insights into the company's performance during the quarter. Investors should note that Mastercard is presenting certain growth rates adjusted for currency, which is a non-GAAP measure, to provide a clearer view of operational performance by mitigating the impact of foreign currency fluctuations. Management highlights that these non-GAAP measures are used for internal evaluation, planning, and compensation. While these provide valuable context, investors are reminded that these should be considered alongside, not as a replacement for, the company's GAAP-reported financial results. The 8-K serves as a notification of the release of this important financial information and associated discussion materials.

Key Highlights

  • 1Mastercard announced its first-quarter 2015 financial results on April 29, 2015.
  • 2The company issued a press release (Exhibit 99.1) detailing its Q1 2015 financial performance.
  • 3A presentation for the Q1 2015 earnings conference call was also provided (Exhibit 99.2).
  • 4Mastercard is presenting growth rates adjusted for currency, a non-GAAP measure.
  • 5Management believes currency-adjusted growth rates offer relevant insights into ongoing operations.
  • 6These non-GAAP measures are used for internal performance evaluation, planning, and compensation.
  • 7Investors are advised to consider non-GAAP measures in conjunction with GAAP results.

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