8-K earnings release extraction
An 8-K earnings release is usually the first place a company prints its quarter. SpreadSpace reads the release and keeps every figure linked to its page.
Public companies furnish their quarterly results in an 8-K, usually as an earnings release filed as Exhibit 99.1. SpreadSpace™ reads the release as the company's own filing, identifies the registrant, the period and the stated unit, and extracts its financial statements and supporting tables.
Use the release to follow a company between its 10-Qs and its 10-K, compare quarters and carry the figures into the analysis your team prepares. Every figure opens the page it came from.
Read the release as the company printed it
SpreadSpace extracts the income statement, balance sheet and cash flow statement the release prints. Each column keeps the period it reports, so a quarter stays a quarter and a full year stays a year.
Keep the tables only a release prints
Earnings releases carry tables a 10-Q does not. SpreadSpace extracts the reconciliation of non-GAAP measures to their GAAP figures, the company's guidance and its operating metrics, each as its own table with the rows and columns as printed.
Guidance sits in its own table, dated as of the release, and never mixes with the reported results.
Read the fourth quarter from the release
A company files 10-Qs for its first three quarters and a 10-K for the full year, so the earnings release is often the only document that prints the fourth quarter on its own. SpreadSpace reads that quarter from the release and checks it against the year the 10-K reports.
Follow every figure to its page
Open a figure to read it in the release, with the line highlighted on the page. Derived figures keep their contributing rows and the sources behind them.
Line releases up across quarters
Upload a company's releases quarter after quarter and the same table lines up across them, so a non-GAAP reconciliation or an operating metric reads as one series. Compare each release with the 10-Q and the 10-K that follow it.
Bring the figures into your analysis
Carry the release's figures into the spreadsheet, the charts and the memo, for a deal, a portfolio company or a public comparable. Work in SpreadSpace or embed the workspace in your own platform.
Review an earnings release with your team
Bring a recent earnings release and the 10-Q or 10-K beside it. Follow a figure from the release into your analysis and back to its page.