Summary
This 8-K filing from Meta Platforms, Inc. (formerly Facebook, Inc.) on July 27, 2021, primarily serves to furnish a press release detailing the company's financial results for the quarter ended June 30, 2021. While the 8-K itself doesn't contain the detailed financial figures, it directs investors to Exhibit 99.1, the press release, which contains the operational and financial condition updates. Investors should refer to this press release for specific performance metrics, revenue figures, and profitability. The filing also notes the use of non-GAAP financial information, with reconciliations provided in the press release, and clarifies the company's use of its websites and social media pages for disclosing material non-public information.
Key Highlights
- 1The 8-K filing primarily acts as a notification that Facebook (now Meta Platforms) released its Q2 2021 financial results on July 28, 2021.
- 2Investors are directed to the furnished press release (Exhibit 99.1) for the detailed financial results and operational performance for the quarter ended June 30, 2021.
- 3The company will host a conference call to discuss these financial results.
- 4The filing emphasizes that the information furnished is not deemed 'filed' for Section 18 purposes but can be incorporated by reference if explicitly stated in other SEC filings.
- 5Facebook will be presenting non-GAAP financial measures, with a reconciliation to GAAP provided in the press release.
- 6The company utilizes investor.fb.com, about.fb.com/news/, Mark Zuckerberg's Facebook Page, and Instagram account for public disclosures.
Frequently Asked Questions
This 8-K filing does not contain the specific financial results. Investors need to refer to Exhibit 99.1, the press release dated July 28, 2021, which was furnished along with this report, for the detailed financial performance of Facebook (now Meta Platforms) for the second quarter of 2021.
This filing primarily reports on past financial results for the quarter ended June 30, 2021. Specific forward-looking guidance would typically be found within the press release (Exhibit 99.1) or discussed during the conference call mentioned in the filing. It is recommended to consult these sources for any forward-looking statements or guidance.
The detailed financial statements and operational metrics for the quarter ended June 30, 2021, are provided in the press release furnished as Exhibit 99.1 to this 8-K filing. This exhibit should be reviewed for a comprehensive understanding of the company's performance.
The mention of non-GAAP financial information means that the company is presenting financial metrics that are not prepared in accordance with Generally Accepted Accounting Principles (GAAP). These metrics may exclude certain items that management believes are not indicative of ongoing operational performance. A reconciliation of these non-GAAP figures to their closest GAAP equivalents is provided in the press release (Exhibit 99.1), which is crucial for investors to understand the differences and make informed comparisons.