EYE » Topics » CERTAIN FACTORS AND TRENDS AFFECTING AMO AND ITS BUSINESS

This excerpt taken from the EYE 10-Q filed Aug 1, 2005.

CERTAIN FACTORS AND TRENDS AFFECTING AMO AND ITS BUSINESS

 

Our disclosure and analysis in this report contain forward-looking information about our company’s financial results and estimates, business prospects and future products that involve substantial risks and uncertainties. These statements constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. From time to time, we also may provide oral or written forward-looking statements in other materials we release to the public. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historic or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “will,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. In particular, these include statements relating to future actions, prospective products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, interest rates, foreign exchange rates, the outcome of contingencies, such as legal proceedings, financial results, and the expected results and benefits of our acquisition of VISX, Incorporated. Among the factors that could cause actual results to differ materially are the following:

 

    Uncertainties associated with the research and development and regulatory processes;

 

    Our ability to make and integrate acquisitions or enter into strategic alliances;

 

    Exposure to risks associated with doing business outside of the United States, where we conduct a significant amount of our sales and operations;

 

    Foreign currency risks and fluctuation in interest rates;

 

    Our ability to introduce new commercially successful products in a timely manner;

 

    Our ability to maintain a sufficient and timely supply of products we manufacture;

 

    Our reliance on sole source suppliers for raw materials and other products;

 

    Intense competition from companies with substantially more resources and a greater marketing scale;

 

    Risks and expenses associated with our ability to protect our intellectual property rights;

 

    Risks and expenses associated with intellectual property litigation and infringement claims;

 

    Unexpected losses due to product liability claims, product recalls or corrections, or other litigation;

 

    Our ability to maintain our relationships with health care providers;

 

    Risks, uncertainties and delays associated with extensive government regulation of our business, including risks associated with regulatory compliance, quality systems standards, and complaint-handling;

 

29


Table of Contents
    Our ability to attract, hire and retain qualified personnel;

 

    Risks associated with indemnification obligations and potential tax liabilities associated with our spin-off from Allergan;

 

    Our significant debt, which contains covenants limiting our business activities;

 

    The impact of the change in the accounting treatment of stock options upon the adoption of SFAS No. 123R or other significant changes to generally accepted accounting principles;

 

    Risks associated with our ability to successfully integrate VISX and realize the benefits of the combined company;

 

    Changes in market acceptance of laser vision correction;

 

    The possibility of long-term side effects and adverse publicity regarding laser correction surgery;

 

    The effect of weak or uncertain general economic conditions on the ability of individuals to afford laser vision correction;

 

    Reliance on a small number of customers for a significant portion of our laser vision correction revenues; and

 

    Fluctuations in foreign currency exchange rates and interest rates.

 

We cannot guarantee that any forward-looking statement will be realized. Achievement of future results is subject to risks, uncertainties and inaccurate assumptions. Should known or unknown risks or uncertainties materialize, or should underlying assumptions prove inaccurate, actual results could vary materially from past results and those anticipated, estimated or projected. Investors should bear this in mind as they consider forward-looking statements.

 

We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our Forms 10-Q, 8-K and 10-K reports to the Securities and Exchange Commission. Our Form 10-K filing for the 2004 fiscal year and our Form 8-K filed on July 13, 2005 listed various important factors that could cause actual results to differ materially from expected and historic results. We note these factors for investors as permitted by the Private Securities Litigation Reform Act of 1995. Readers can find them in Item 1 of the Form 10-K under the heading “Certain Factors and Trends Affecting AMO and Its Businesses” and in the Supplemental Information filed with the Form 8-K. We incorporate that section of that Form 10-K and Form 8-K in this filing and encourage investors to refer to it. You should understand that it is not possible to predict or identify all such factors. Consequently, you should not consider any such list to be a complete set of all potential risks or uncertainties.

 

This excerpt taken from the EYE 10-Q filed Apr 29, 2005.

CERTAIN FACTORS AND TRENDS AFFECTING AMO AND ITS BUSINESS

 

Our disclosure and analysis in this report contain forward-looking information about our company’s financial results and estimates, business prospects and future products that involve substantial risks and uncertainties. These statements constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. From time to time, we also may provide oral or written forward-looking statements in other materials we release to the public. Forward-looking statements give our current expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historic or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” “will,” and other words and terms of similar meaning in connection with any discussion of future operating or financial performance. In particular, these include statements relating to future actions, prospective products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, interest rates, foreign exchange rates, the outcome of contingencies, such as legal proceedings, financial results, and the expected timing or results of our expected acquisition of VISX, Incorporated. Among the factors that could cause actual results to differ materially are the following:

 

EXCERPTS ON THIS PAGE:

10-Q
Aug 1, 2005
10-Q
Apr 29, 2005
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki