NEW YORK, Sept. 20 /PRNewswire/ -- EDGAR® Online, Inc.
(Nasdaq: EDGR), a leading global provider of XBRL filing services,
data and analysis tools, today formally announced the release of
its I-Metrix "As Reported" XBRL Dataset, which includes all the
detailed information contained in every Form 10-K and 10-Q document
furnished to the U.S. Securities and Exchange Commission (SEC) in
XBRL format. The SEC itself is one of the first customers for
this detailed corporate fundamentals dataset, which it will use for
its own public company filings analysis.
The I-Metrix "As Reported" XBRL Dataset makes new data available
within seconds as documents are filed with the SEC, and provides an
unparalleled level of detail about companies and their financial
performance. The dataset and associated analytical tools are
specifically designed to hide the complexity of XBRL, making it
easy for users to access all information—including period and
segment data, and footnote data—without having to search though
filed documents. Subscribers of EDGAR Online's I-Metrix
platform via the I-Metrix Architect API and the I-Metrix
Professional Excel Add-in, will have immediate access to the
dataset.
The detailed information in the dataset can be combined with
industry and sector benchmarking data, historical data, analyst
estimates and stock performance data already available with the
EDGAR Online's I-Metrix Professional Excel Add-in, so that users
can easily build powerful financial models that leverage the
instant availability of the information.
"The I-Metrix "As Reported" XBRL Dataset is a powerful and
easy-to-use resource for anyone interested in exploring the
detailed information filed in XBRL with the SEC—from corporate
reporting teams to investors and analysts—without requiring an
in-depth knowledge of XBRL " said David
Goldstein, Senior Managing Director of Global Product &
Market Development of EDGAR Online. "As the leading producer of
XBRL filings for the SEC, we've set the bar for the quality in the
production of XBRL filings. With this dataset, we are now unlocking
the true promise of XBRL for the consumption and analysis of data,
providing analysts and investors with the same high-quality data
used by the SEC."
The I-Metrix "As Reported" XBRL Dataset includes more than 1,700
U.S. public companies and includes detailed information from the
footnotes of the largest 500. Detailed footnotes tagged in XBRL
will provide a powerful new level of financial transparency through
timely and easy access to a wealth of information such as revenue
segment data, capital structure data, employee stock option info,
debt maturity and rate, detailed tax rates, and many other
items.
About EDGAR® Online, Inc.
EDGAR Online, Inc. (www.edgar-online.com) (NASDAQ: EDGR) is a
leader in the distribution of company data and public filings for
equities, mutual funds and a variety of other publicly traded
assets. The company delivers its information products via online
subscriptions and data licenses directly to end-users, embedded in
other web sites and through a variety of redistributors.
EDGAR Online has also developed proprietary automated systems
that allow for the rapid conversion of data and is a pioneer and
leader in XBRL. The company uses its automated processing
platform and its expertise in XBRL to produce both datasets and
tools and to assist organizations with the creation, management and
distribution of XBRL financial reports.
Use of Forward-Looking Statements
This press release may contain "forward-looking statements" as
defined in the U.S. Private Securities Litigation Reform Act of
1995. Readers are cautioned not to place undue reliance on these
forward-looking statements and any such forward-looking statements
are qualified in their entirety by reference to the following
cautionary statements. All forward-looking statements speak only as
of the date of this press release and are based on current
expectations and involve a number of assumptions, risks and
uncertainties that could cause the actual results to differ
materially from such forward-looking statements. Readers are
strongly encouraged to read the full cautionary statements
contained in EDGAR Online's filings with the SEC EDGAR Online
disclaims any obligation to update or revise any forward-looking
statements.
EDGAR® is a federally registered trademark of
the U.S. Securities and Exchange Commission. EDGAR Online is not
affiliated with or approved by the U.S. Securities and Exchange
Commission.
SOURCE EDGAR(R) Online, Inc.
Copyright . 20 PR Newswire