Summary
Williams Companies, Inc. (WMB) filed an 8-K on May 6, 2004, primarily to furnish its earnings press release for the quarter ended March 31, 2004, and a reconciliation of non-GAAP financial measures. This filing provides investors with key financial updates from the first quarter of 2004. While the 8-K itself doesn't contain detailed financial statements, it references exhibits that do, allowing investors to review the company's operational and financial performance for the period. The information furnished is part of the company's Regulation FD disclosure and is not considered 'filed' for certain legal liabilities, but it serves as an important communication channel for investors to understand the company's reported results and management's perspective on its earnings, specifically highlighting 'Recurring Earnings' alongside GAAP measures.
Key Highlights
- 1Williams Companies (WMB) filed an 8-K on May 6, 2004, to report on Q1 2004 financial results.
- 2The filing includes Exhibit 99.1: Williams' press release dated May 6, 2004.
- 3Exhibit 99.2 provides a reconciliation of 'Income (Loss) from Continuing Operations' to 'Recurring Earnings', a non-GAAP measure.
- 4The report falls under Regulation FD disclosure, ensuring timely and broad public dissemination of material information.
- 5Key financial performance details for the quarter ended March 31, 2004, are available via the furnished press release.
- 6The company is providing management's view on earnings through the 'Recurring Earnings' metric.
- 7Information furnished under Items 9 and 12 is not deemed 'filed' for Section 18 liability purposes.