Business Context and Reporting Period
This Form 8-K is a current report filed by Dex Media, Inc. (formerly Dex One Corporation) on January 30, 2015. The filing serves as a Regulation FD disclosure regarding a post-confirmation quarterly report submitted by SuperMedia LLC, a wholly owned subsidiary of Dex Media. The report covers the period from October 1, 2014, to December 31, 2014, and was filed with the United States Bankruptcy Court for the District of Delaware to comply with reporting requirements for SuperMedia LLC's ongoing Chapter 11 proceedings.
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. The document explicitly states that the attached quarterly report (Exhibit 99.1) is limited in scope, was not audited or reviewed by independent accountants, and is not prepared in accordance with GAAP. Consequently, no specific financial metrics are disclosed within the body of this 8-K filing.
Material Changes
No material financial changes are detailed in this filing. The report notes that SuperMedia LLC's Chapter 11 proceeding remains open due to outstanding contested matters, whereas final decrees closing the Chapter 11 proceedings for all other Dex Media subsidiaries were entered on September 18, 2013.
Guidance, Outlook, and Risks
Management cautions that the quarterly report does not necessarily contain all information required by the Securities Exchange Act of 1934 and may present information differently than required by GAAP. The filing includes the following specific warnings and contingencies:
- The report is subject to future adjustment and reconciliation.
- There can be no assurance that the report is complete from an investor's perspective.
- Results in the report should not be viewed as indicative of future results.
- Investors are cautioned not to place undue reliance upon the quarterly report.
- Dex Media disclaims any current intention to revise or update the information, though it may do so in the future.
Important Facts for Investors to Verify
- Verify the specific financial data in Exhibit 99.1 (SuperMedia LLC Post-Confirmation Quarterly Report), as this 8-K only summarizes the filing and contains no numerical data.
- Confirm the status of the "outstanding contested matters" keeping SuperMedia LLC in Chapter 11 proceedings.
- Review Dex Media's official GAAP-compliant filings (e.g., 10-Q or 10-K) for accurate financial performance metrics, as this report is non-GAAP and unaudited.
- Note that this filing 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.