HEMISPHERE MEDIA GROUP,INC. (NASDAQ:HMTV) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On November7, 2017, Hemisphere Media Group,Inc. (the “Company”) issued a press release announcing its results of operations for the quarter ended September30, 2017. A copy of the press release is attached as Exhibit99.1 to this report and is incorporated by reference into this item.
Within the Company’s press release, the Company makes reference to the non-GAAP financial measure “Adjusted EBITDA,” which has a directly comparable generally accepted accounting principles (“GAAP”) financial measure. Management uses this measure to assess the operating results and performance of the business, perform analytical comparisons and identify strategies to improve performance. Management believes Adjusted EBITDA is relevant to investors because it allows them to analyze the operating performance of the Company’s business using the same metrics used by management and is important to investors’ understanding of the Company’s business.
The information included in this Current Report on Form8-K, including the exhibit attached hereto, is furnished solely to Item 2.02 of this Current Report on Form8-K. Consequently, it is not deemed filed for the purposes of Section18 of the Securities Exchange Act of 1934 (“Exchange Act”), or otherwise subject to the liabilities of that section. It may only be incorporated by reference in another filing under the Securities Act of 1933 or the Exchange Act if such subsequent filing specifically references this Current Report on Form8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
DescriptionofExhibit |
99.1 |
Press Release issued by the Company on November7, 2017 |