Summary
This 8-K filing by Nasdaq, Inc. (NDAQ) primarily serves to provide investors with additional unaudited supplemental recast financial information. This information is designed to help stakeholders understand the impact of Nasdaq's previously announced organizational restructuring, which will see the business units consolidated into three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crime. This new structure is slated to be effective by the end of the fourth quarter of 2022. The company is furnishing recast financial data for the periods 2017-2019, in addition to the previously provided data for 2020-2022. This extended historical view is intended to aid investors in analyzing the effects of these segment reporting changes on Nasdaq's historical financial results, aligning with the upcoming reporting practices for the fourth quarter and full year 2022 results.
Key Highlights
- 1Nasdaq is providing supplemental recast financial information to reflect new business segment reporting.
- 2The new corporate structure will feature three divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crime.
- 3The segment changes are effective by the end of Q4 2022.
- 4Recast financial information is now available for the periods 2017-2019, in addition to 2020-2022.
- 5This information is furnished to assist investors in understanding historical results under the new segment structure.
- 6Nasdaq will align its Q4 and full-year 2022 results, and future reporting, with the new structure.
- 7The supplemental information is also available on Nasdaq's investor relations website.