Summary
State Street Corporation (STT) filed an 8-K on February 13, 2018, primarily to disclose additional materials related to its previously announced transition in the presentation of its non-GAAP financial results. These materials, furnished as Exhibit 99.1, are intended to further illustrate the impact of this transition, particularly as it pertains to their 2018 financial outlook. Investors should note that this information is furnished and not deemed "filed" under SEC regulations, meaning it doesn't carry the same legal implications as a formal filing for certain purposes.
Key Highlights
- 1State Street Corporation is providing additional information to clarify its transition to a new non-GAAP financial presentation.
- 2The disclosed materials aim to illustrate the impact of this non-GAAP presentation change on quarterly financial results and the 2018 outlook.
- 3The filing is an 8-K Current Report, dated February 13, 2018.
- 4The additional materials are included as Exhibit 99.1 and are accessible via the Investor Relations website.
- 5The information provided is furnished under Regulation FD and is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
- 6This filing does not incorporate the furnished information by reference into other SEC filings unless specifically stated.
Frequently Asked Questions
The main purpose of this 8-K filing is to provide additional materials to investors that further explain State Street Corporation's transition in how it presents its non-GAAP financial results. These materials are intended to clarify the impact of this transition on their financial reporting, especially concerning their 2018 financial outlook.
The additional materials are furnished as Exhibit 99.1 and are available on State Street Corporation's Investor Relations website.
No, this filing does not change State Street's previously reported financial results. It only provides supplementary information to clarify the presentation of non-GAAP figures and their future impact.
No, the information in this filing, including Exhibit 99.1, is furnished and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934. This means it generally does not carry the same legal liability as information that is formally filed.