Item 7.01. Regulation FD Disclosure
The attached supplemental information excludes the impact of (i) the
The attached supplemental information also reflects upcoming adjustments to the Company's 2023 customer-facing sales channel and product reporting to reflect changes made to customer assignments and product categories. Beginning with reports filed in the first quarter of 2023, the Company will update the sales channels in its Business segment to: Large Enterprise, Mid-Market Enterprise, Public Sector, and Wholesale. The Business segment will also report products under four product categories initially introduced in 2022: Grow, Nurture, Harvest, and Other. The Mass Markets segment will continue to be reported as historically presented during the past year.
Exhibit 99.1's unaudited supplemental historical financial information recasts
historical operating revenue, adjusted EBITDA, adjusted EBITDA margin, capital
expenditures and operating metrics to reflect the above-described modifications.
All information in the attached unaudited supplemental historical financial
information is presented for the quarterly periods shown as of
The information in the preceding paragraphs, as well as attached Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in filing under the Securities Act of 1933. The furnishings of this information hereby shall not be deemed an admission of the materiality of any such information.
Forward-Looking Statements
Except for historical and factual information, the matters set forth in this
report and Exhibit 99.1 are forward-looking statements as defined by the federal
securities laws, and are subject to the "safe harbor" protections thereunder.
These forward-looking statements are not guarantees of future results and are
based on current expectations only, and are subject to various uncertainties.
Actual events and results may differ materially from those anticipated by us in
those statements. Factors that could cause our actual results to differ
materially from the expectations expressed in our forward-looking statements are
described in our reports filed with the
Item 9.01. Financial Statements and Exhibits.
(d)The following exhibits are furnished with this Current Report on Form 8-K:
Exhibit No. Description Exhibit 99.1 Unaudited supplemental historical financial information. Exhibit 104 Cover page formatted as Inline XBRL and contained in Exhibit 101.
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