8-KEarnings & ResultsExhibits & Filings

Meta Platforms, Inc. 8-K Report, Financial Results (Oct 28, 2014)

Filed October 28, 2014For Securities:META

Summary

This 8-K filing from Facebook, Inc. (now Meta Platforms, Inc.) dated October 28, 2014, primarily serves to furnish a press release detailing the company's financial results for the third quarter ended September 30, 2014. Investors should note that the information provided in this filing, including the attached press release, is not considered "filed" for the purposes of Section 18 of the Exchange Act, meaning it does not carry the same legal liabilities as formally filed documents, unless specifically incorporated by reference into other filings. This is a common practice for earnings releases to provide timely information to the market. The company also highlights its use of non-GAAP financial measures in its earnings announcement and conference call, providing a reconciliation to the nearest comparable GAAP figures within the press release. Furthermore, Facebook indicates its commitment to Regulation FD by using its investor website (investor.fb.com) and Mark Zuckerberg's Facebook Page as channels for disclosing material non-public information. Investors should refer to the furnished press release (Exhibit 99.1) for the detailed financial results and operational commentary.

Key Highlights

  • 1Facebook, Inc. (now Meta Platforms, Inc.) issued an 8-K filing on October 27, 2014, to report its financial results for the quarter ended September 30, 2014.
  • 2The detailed financial results and commentary are contained within a press release furnished as Exhibit 99.1.
  • 3The filing clarifies that information furnished under Item 2.02, including the press release, is not deemed "filed" under Section 18 of the Exchange Act, limiting its liability implications.
  • 4Facebook is utilizing non-GAAP financial measures in its earnings release and conference call, with reconciliations provided in Exhibit 99.1.
  • 5The company employs its investor website (investor.fb.com) and Mark Zuckerberg's Facebook Page for disclosing material non-public information, adhering to Regulation FD.

Frequently Asked Questions

The primary purpose of this 8-K filing is to formally announce and provide investors with Facebook's (now Meta Platforms, Inc.) financial results for the third quarter of 2014, which concluded on September 30, 2014. It accomplishes this by furnishing an accompanying press release that contains the detailed financial data and management commentary.

The designation that the information is "furnished" rather than "filed" under Section 18 of the Exchange Act means that the company generally cannot be held liable under that specific section for misstatements or omissions in the furnished information. This is a standard practice for earnings releases to facilitate timely disclosure without incurring the same level of legal scrutiny as formal SEC registration statements or reports.

The specific financial results, including key metrics, performance commentary, and reconciliations of non-GAAP measures to GAAP, are detailed in the press release dated October 28, 2014, which is attached as Exhibit 99.1 to this 8-K filing. Investors should review this press release for the complete financial update.

Facebook indicates in this filing that it uses its investor relations website (investor.fb.com) and Mark Zuckerberg's personal Facebook Page as channels for disclosing material non-public information. This approach ensures broad dissemination and compliance with Regulation Fair Disclosure (FD), which prohibits selective disclosure of material information to specific parties.