SLIDE 1
Discussion Materials
May, 2017
This presentation contains “forward-looking” statements, including the long-term target model, that are based on our beliefs and assumptions and on information currently available to us. Forward-looking statements include information concerning our future financial performance, including our long-term target model, the impact of competition in our industry and innovation by our competitors, anticipated trends, growth rates and challenges in our business and in the TBM market, our customer base, our anticipated growth and growth strategies, our ability to manage that growth and effect these strategies, our involvement with, and the activities of, the TBM Council, our ability to sell our solutions and expand, our intellectual property position, and any statements of assumptions underlying any of the items mentioned. Forward-looking statements include all statements that are not historical facts and can be identified by terms such as “may,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “anticipate,” “believe,” “estimate” “predict,” “project,” “potential,”“continue,” “ongoing” or the negativeof these terms or other similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the captions “Forward-Looking Statements,” “Risk Factors” and elsewhere in our filings with the U.S. Securities and Exchange Commission, including, without limitation, the Quarterly Report on Form 10-Q filed with the Commission on May 5,
- 2017. Forward-looking statements represent our management’s beliefs and assumptions only as of the date of this presentation. Except as required by law, we assume no obligation to
update these forward-looking statements publicly, or to update the reasons why actual results could differ materially from those anticipated in the forward-looking statements, even if new information become available in the future. This presentation includes certain non-GAAP financial measures as defined by the Securities and Exchange Commission (the “SEC”) rules. These non-GAAP financial measures are in addition to, and not as a substitute for or superior to measures of financial performance prepared in accordance with U.S. GAAP. There are a number of limitations related to the use of these non-GAAP financial measures versus their nearest GAAP equivalents. For example, other companies may calculate non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. As required by Regulation G, we have provided a reconciliation of those measures to the most directly comparable GAAP measures.