Business Context and Reporting Period
Company: Square, Inc. (now Block, Inc.)
Filing Type: Form 8-K (Current Report)
Date of Report: November 6, 2019
Reporting Period: Third quarter ended September 30, 2019
This filing announces the issuance of a Shareholder Letter containing financial results for the third quarter of 2019 and the scheduling of a conference call to discuss these results.
Key Financial Metrics
The provided text is a cover sheet for the Form 8-K and does not contain specific numerical data regarding revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached Shareholder Letter (Exhibit 99.1), which is not included in the input text.
Material Changes
The filing text does not provide specific details on material changes versus the prior comparable period. It only confirms that results for the third quarter ended September 30, 2019, have been announced.
Guidance, Outlook, and Risks
- Management Commentary: The Company announced a conference call on November 6, 2019, at 2:00 p.m. Pacific Time to discuss the financial results.
- Non-GAAP Measures: The Company is making reference to non-GAAP financial information in the Shareholder Letter and conference call. A reconciliation to GAAP equivalents is provided in the Letter.
- Legal Disclaimer: Information furnished pursuant to Item 2.02, including the Shareholder Letter, is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference into other filings unless expressly stated.
Investor Verification Checklist
- Review Exhibit 99.1 (Shareholder Letter) for specific Q3 2019 revenue, net income, and cash flow figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP equivalents provided in the Shareholder Letter.
- Confirm the details of the conference call held on November 6, 2019, for management's outlook and commentary.
- Note that the registrant's name at the time of filing was Square, Inc.