8-KEarnings & ResultsExhibits & Filings

Meta Platforms, Inc. 8-K Report, Financial Results (Nov 1, 2017)

Filed November 1, 2017For Securities:META

Summary

This 8-K filing by Facebook, Inc. (now Meta Platforms, Inc.) on November 1, 2017, primarily announces the release of its financial results for the third quarter ended September 30, 2017. The company issued a press release and scheduled a conference call to discuss these results, with the press release furnished as an exhibit. Investors should note that the company is referencing non-GAAP financial information, and a reconciliation to GAAP figures is provided in the accompanying press release. While the filing itself is procedural, the core information of interest to investors lies within the press release (Exhibit 99.1), which would contain the actual financial performance metrics and management commentary. The company also highlighted its use of specific websites and Mark Zuckerberg's Facebook Page for disclosing material non-public information, emphasizing transparency and compliance with Regulation FD.

Key Highlights

  • 1Facebook, Inc. (META) announced its Q3 2017 financial results via press release on November 1, 2017.
  • 2A conference call was scheduled to discuss the third-quarter financial performance.
  • 3The press release detailing the financial results is included as Exhibit 99.1 to the 8-K filing.
  • 4The company will be presenting non-GAAP financial measures, with a reconciliation to GAAP provided.
  • 5The filing indicates that information furnished under Item 2.02, including the press release, is not considered 'filed' for certain regulatory purposes.
  • 6Facebook utilizes investor.fb.com, newsroom.fb.com, and Mark Zuckerberg's Facebook Page for Regulation FD compliant disclosures.

Frequently Asked Questions

This 8-K filing does not contain the specific financial results themselves. The actual Q3 2017 financial results are detailed in the press release (Exhibit 99.1) that accompanied this filing. Investors would need to refer to that press release for metrics such as revenue, earnings per share, user growth, and operating expenses.

Non-GAAP financial measures are adjustments to standard GAAP (Generally Accepted Accounting Principles) figures that exclude certain items management believes are not indicative of core operating performance. While useful for comparing performance over time or against peers, investors should always review the GAAP reconciliation provided to understand the adjustments and consider both GAAP and non-GAAP figures in their analysis.

The detailed financial performance, including key metrics and management's discussion, is located in the press release dated November 1, 2017, which is furnished as Exhibit 99.1 to this 8-K filing. The company also held a conference call, the details of which would typically be found in the press release or on the company's investor relations website.

Facebook utilizes specific online channels, including its investor relations website (investor.fb.com), newsroom website (newsroom.fb.com), and Mark Zuckerberg's personal Facebook Page, to disseminate material non-public information. This ensures that disclosures are made broadly and non-exclusively to the investing public, in compliance with Regulation Fair Disclosure (FD).