RVBD » Topics » Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

This excerpt taken from the RVBD 10-Q filed Apr 30, 2009.

Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied significantly in the past and could vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control, including the changing and recently volatile U.S. and global economic environment, any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the last month of the quarter, which we believe reflects customer buying patterns of products similar to ours and other products in the technology industry generally. As a result, our quarterly operating results are difficult to predict even in the near term and a delay in an anticipated sale past the end of a particular quarter may negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, as occurred in the quarter ended March 31, 2008, the price of our common stock could decline substantially. Such a stock price decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance.

In addition to other risks listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

 

   

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

 

34


Table of Contents
   

fluctuations in sales cycles and prices for our products and services;

 

   

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

 

   

general economic conditions in our domestic and international markets;

 

   

limited visibility into customer spending plans;

 

   

changing market conditions, including current and potential customer consolidation;

 

   

customer concentration;

 

   

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

 

   

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 

   

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

 

   

the timing and execution of product transitions or new product introductions, including any related or resulting inventory costs;

 

   

the timing of product releases or upgrades by us or by our competitors;

 

   

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

 

   

our ability to control costs, including our operating expenses and the costs of the components we purchase;

 

   

any decision to increase or decrease operating expenses in response to changes in the marketplace or perceived marketplace opportunities;

 

   

our ability to derive benefits from our investments in sales, marketing, engineering or other activities;

 

   

our ability to successfully work with partners on combined solutions. For example, where our product features the Riverbed Services Platform (RSP), we are required to work closely with our partners in product validation, marketing, selling and support;

 

   

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to SFAS No. 123(R);

 

   

our estimates of the fair value of the acquisition-related contingent consideration may change significantly and could have a material effect on earnings pursuant to SFAS No. 141(R); and

 

   

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

This excerpt taken from the RVBD 10-K filed Feb 23, 2009.

Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied significantly in the past and could vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control, including the changing and recently volatile U.S. and global economic environment, any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the last month of the quarter, which we believe reflects customer buying patterns of products similar to

 

14


Table of Contents

ours and other products in the technology industry generally. As a result, our quarterly operating results are difficult to predict even in the near term and a delay in an anticipated sale past the end of a particular quarter may negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, as occurred in the quarter ended March 31, 2008, the price of our common stock could decline substantially. Such a stock price decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance.

In addition to other risks listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

 

  Ÿ  

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

 

  Ÿ  

fluctuations in sales cycles and prices for our products and services;

 

  Ÿ  

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

 

  Ÿ  

general economic conditions in our domestic and international markets;

 

  Ÿ  

limited visibility into customer spending plans;

 

  Ÿ  

changing market conditions, including current and potential customer consolidation;

 

  Ÿ  

customer concentration;

 

  Ÿ  

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

 

  Ÿ  

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 

  Ÿ  

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

 

  Ÿ  

the timing and execution of product transitions or new product introductions, including any related or resulting inventory costs;

 

  Ÿ  

the timing of product releases or upgrades by us or by our competitors;

 

  Ÿ  

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

 

  Ÿ  

our ability to control costs, including our operating expenses and the costs of the components we purchase;

 

  Ÿ  

any decision to increase or decrease operating expenses in response to changes in the marketplace or perceived marketplace opportunities;

 

  Ÿ  

our ability to derive benefits from our investments in sales, marketing, engineering or other activities;

 

15


Table of Contents
  Ÿ  

our ability to successfully work with partners on combined solutions. For example, where our product features the Riverbed Services Platform (RSP), we are required to work closely with our partners in product validation, marketing, selling and support;

 

  Ÿ  

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to Statement of Financial Accounting Standards No. 123(R); and

 

  Ÿ  

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

This excerpt taken from the RVBD 10-Q filed Oct 30, 2008.

Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied significantly in the past and could vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control, including the changing and recently volatile U.S. and global economic environment, and any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the last month of the quarter, which we believe reflects customer buying patterns of products similar to ours and other products in the technology industry generally. As a result, our quarterly operating results are difficult to predict even in the near term and a delay in an anticipated sale past the end of a particular quarter may negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, as occurred in the quarter ended March 31, 2008, the price of our common stock could decline substantially. Such a stock price decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance.

In addition to other risks listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

 

   

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

 

   

fluctuations in sales cycles and prices for our products and services;

 

   

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

 

   

general economic conditions in our domestic and international markets;

 

   

limited visibility into customer spending plans;

 

   

changing market conditions, including current and potential customer consolidation;

 

   

customer concentration;

 

   

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

 

   

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 

   

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

 

   

the timing and execution of product transitions or new product introductions, including any related or resulting inventory costs;

 

   

the timing of product releases or upgrades by us or by our competitors;

 

   

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

 

   

our ability to control costs, including our operating expenses and the costs of the components we purchase;

 

   

any spending charges in response to changes in the marketplace or perceived marketplace opportunities;

 

   

our ability to derive benefits from our investments in sales, marketing, engineering or other activities;

 

28


Table of Contents
   

our ability to successfully work with partners on combined solutions. For example, where our product features the Riverbed Services Platform (RSP), we are required to work closely with our partners in product validation, marketing, selling and support;

 

   

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to Statement of Financial Accounting Standards No. 123(R); and

 

   

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

This excerpt taken from the RVBD 10-Q filed Jul 29, 2008.

Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied significantly in the past and could vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control, including the changing U.S. and global economic environment, and any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the last month of the quarter, which we believe reflects customer buying patterns of products similar to ours and other products in the technology industry generally. As a result, our quarterly operating results are

 

27


Table of Contents

difficult to predict even in the near term and a delay in an anticipated sale past the end of a particular quarter may negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, as occurred in the quarter ended March 31, 2008, the price of our common stock could decline substantially. Such a stock price decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance.

In addition to other risks listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

 

   

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

 

   

fluctuations in sales cycles and prices for our products and services;

 

   

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

 

   

general economic conditions in our domestic and international markets;

 

   

limited visibility into customer spending plans;

 

   

changing market conditions, including current and potential customer consolidation;

 

   

customer concentration;

 

   

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

 

   

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 

   

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

 

   

the timing of product releases or upgrades by us or by our competitors;

 

   

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

 

   

our ability to control costs, including our operating expenses and the costs of the components we purchase;

 

   

our ability to successfully work with partners on combined solutions, for example, where our product features the Riverbed Services Platform (RSP), we are required to work closely with our partners in product validation, marketing, selling and support;

 

   

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to Statement of Financial Accounting Standards No. 123(R); and

 

   

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

This excerpt taken from the RVBD 10-Q filed Apr 29, 2008.

Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied significantly in the past and could vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control, including the changing U.S. and global economic environment, and any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the last month of the quarter, which we believe reflects customer buying patterns of products similar to ours and other products in the technology industry generally. As a result, our quarterly operating results are difficult to predict even in the near term and a delay in an anticipated sale past the end of a particular quarter may negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, as it did in the quarter ended March 31, 2008, the price of our common stock could decline substantially. Such a stock price decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance.

In addition to other risk factors listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

 

   

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

 

   

fluctuations in sales cycles and prices for our products and services;

 

   

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

 

   

general economic conditions in our domestic and international markets;

 

   

limited visibility into customer spending plans;

 

   

changing market conditions, including current and potential customer consolidation;

 

   

customer concentration;

 

   

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

 

29


Table of Contents
   

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 

   

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

 

   

the timing of product releases or upgrades by us or by our competitors;

 

   

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

 

   

our ability to control costs, including our operating expenses and the costs of the components we purchase;

 

   

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to Statement of Financial Accounting Standards No. 123(R); and

 

   

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

These excerpts taken from the RVBD 10-K filed Feb 15, 2008.

Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied significantly in the past and will vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control, including the changing U.S. and global economic environment, and any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the last month of the quarter, which we believe reflects customer buying patterns of products similar to ours and other products in the technology industry generally. As a result, our quarterly operating results are difficult to predict even in the near term and a delay in an anticipated sale past the end of a particular quarter may

 

14


Table of Contents

negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, the price of our common stock would likely decline substantially. Such a decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance. We are rapidly expanding the number of personnel, programs and infrastructure to accommodate and facilitate anticipated future growth. If revenues are less than anticipated, then our financial results would be adversely affected.

In addition to other risk factors listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

 

  Ÿ  

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

 

  Ÿ  

fluctuations in sales cycles and prices for our products and services;

 

  Ÿ  

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

 

  Ÿ  

general economic conditions in our domestic and international markets;

 

  Ÿ  

limited visibility into customer spending plans;

 

  Ÿ  

changing market conditions, including current and potential customer consolidation;

 

  Ÿ  

customer concentration;

 

  Ÿ  

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

 

  Ÿ  

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 

  Ÿ  

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

 

  Ÿ  

the timing of product releases or upgrades by us or by our competitors;

 

  Ÿ  

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

 

  Ÿ  

our ability to control costs, including our operating expenses and the costs of the components we purchase;

 

  Ÿ  

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to Statement of Financial Accounting Standards No. 123(R); and

 

  Ÿ  

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

 

15


Table of Contents

Our operating results may fluctuate significantly, which makes our future results difficult to predict and
could cause our operating results to fall below expectations or our guidance.

Our quarterly and annual operating results have varied
significantly in the past and will vary significantly in the future, which makes it difficult for us to predict our future operating results. Our operating results may fluctuate due to a variety of factors, many of which are outside of our control,
including the changing U.S. and global economic environment, and any of which may cause our stock price to fluctuate. As a result, comparing our operating results on a period-to-period basis may not be meaningful. You should not rely on our past
results as an indication of our future performance. In addition, revenues in any quarter are largely dependent on customer contracts entered into during that quarter. Moreover, a significant portion of our quarterly sales typically occurs during the
last month of the quarter, which we believe reflects customer buying patterns of products similar to ours and other products in the technology industry generally. As a result, our quarterly operating results are difficult to predict even in the near
term and a delay in an anticipated sale past the end of a particular quarter may

 


14







Table of Contents



negatively impact our results of operations for that quarter, or in some cases, that year. A delay in the recognition of revenue, even from just one account, may have
a significant negative impact on our results of operations for a given period. If our revenue or operating results fall below the expectations of investors or securities analysts or below any guidance we may provide to the market, the price of our
common stock would likely decline substantially. Such a decline could occur, and has occurred in the past, even when we have met our publicly stated revenue and/or earnings guidance. We are rapidly expanding the number of personnel, programs and
infrastructure to accommodate and facilitate anticipated future growth. If revenues are less than anticipated, then our financial results would be adversely affected.

FACE="ARIAL" SIZE="2">In addition to other risk factors listed in this “Risk Factors” section, factors that may affect our operating results include, but are not limited to:

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

fluctuations in demand, including due to seasonality, for our products and services. For example, many companies in our industry experience adverse seasonal fluctuations in
customer spending patterns, particularly in the first and third quarters; we have experienced these seasonal fluctuations in the past and expect that this trend will continue in the future;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

fluctuations in sales cycles and prices for our products and services;

 







 Ÿ 

reductions in customers’ budgets for information technology purchases and delays in their purchasing cycles;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

general economic conditions in our domestic and international markets;

 







 Ÿ 

limited visibility into customer spending plans;

 







 Ÿ 

changing market conditions, including current and potential customer consolidation;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

customer concentration;

 







 Ÿ 

the timing of recognizing revenue in any given quarter as a result of software revenue recognition rules, including the extent to which sales transactions in a given period
are unrecognizable until a future period or, conversely, the satisfaction of revenue recognition rules in a given period resulting in the recognition of revenue from transactions initiated in prior periods;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

the sale of our products in the timeframes we anticipate, including the number and size of orders, and the product mix within any such orders, in each quarter;

 







 Ÿ 

our ability to develop, introduce and ship in a timely manner new products and product enhancements that meet customer requirements;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

the timing of product releases or upgrades by us or by our competitors;

 







 Ÿ 

any significant changes in the competitive dynamics of our markets, including new entrants or substantial discounting of products;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

our ability to control costs, including our operating expenses and the costs of the components we purchase;

STYLE="font-size:6px;margin-top:0px;margin-bottom:0px"> 







 Ÿ 

volatility in our stock price, which may lead to higher stock compensation expenses pursuant to Statement of Financial Accounting Standards No. 123(R); and

 







 Ÿ 

unpredictable fluctuations in our effective tax rate due to disqualifying dispositions of stock from the employee stock purchase plan and stock options, changes in the
valuation of our deferred tax assets or liabilities, changes in actual results versus our estimates, or changes in tax laws, regulations, accounting principles, or interpretations thereof.

STYLE="margin-top:0px;margin-bottom:0px"> 


15







Table of Contents


"Our operating results may fluctuate significantly, which makes our future results difficult to predict and could cause our operating results to fall below expectations or our guidance." elsewhere:

Aruba Networks (ARUN)
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