8-KEarnings & ResultsExhibits & Filings

Meta Platforms, Inc. 8-K Report, Financial Results (Oct 30, 2013)

Filed October 30, 2013For Securities:META

Summary

This 8-K filing from Facebook, Inc. (now Meta Platforms, Inc.) on October 30, 2013, primarily serves to furnish a press release detailing the company's financial results for the quarter ended September 30, 2013. While the filing itself doesn't contain the detailed financial data, it directs investors to a press release (Exhibit 99.1) that was issued concurrently. This press release is the key document for understanding Facebook's performance during the period, including key operating metrics and financial outcomes. Investors should pay close attention to the furnished press release for comprehensive details. Furthermore, the filing explicitly notes Facebook's use of non-GAAP financial information in its earnings announcement and conference call, and that a reconciliation to GAAP measures is provided within the press release. This is a standard practice, but investors should always review these reconciliations to understand the adjustments made and their impact on reported figures. The company also highlighted its use of investor.fb.com for disclosing material non-public information, a channel investors should monitor for future updates.

Key Highlights

  • 1Facebook, Inc. issued an 8-K filing on October 30, 2013, to furnish its Q3 2013 earnings press release.
  • 2The press release (Exhibit 99.1) contains the company's financial results for the quarter ended September 30, 2013.
  • 3Facebook utilized non-GAAP financial measures in its earnings announcement, with reconciliations provided in the press release.
  • 4The company uses investor.fb.com as a primary channel for disclosing material non-public information.
  • 5This filing acts as a notification and reference point for investors to access the detailed Q3 2013 financial results.
  • 6The information furnished is not considered 'filed' for certain legal purposes, emphasizing the press release as the primary source for substantive data.

Frequently Asked Questions

The detailed financial results are located in the press release dated October 30, 2013, which is furnished as Exhibit 99.1 to this 8-K filing. You should refer to that document for comprehensive information.

No, this 8-K filing does not contain the detailed financial statements directly. It serves to furnish the press release that includes the company's financial results and related commentary.

When information is 'furnished' under Item 2.02, it means the company is providing it to the SEC, but it is not subject to the same legal liabilities under Section 18 of the Exchange Act as information that is formally 'filed.' This is a common distinction for earnings press releases.

The filing indicates that Facebook is using non-GAAP financial measures. A reconciliation of these non-GAAP measures to the nearest comparable GAAP (Generally Accepted Accounting Principles) measures is provided within the press release. Investors should carefully review this reconciliation to understand how Facebook's non-GAAP results differ from its GAAP results.