A.M. Best listed the rating upgrade reason as» improved risk - adjusted capitalization and positive
operating performance in recent years.»
Kering is «confident» it will improve
its operating performance in 2014, Chief Executive Officer Francois - Henri Pinault said in the statement.
The financial institution assured that, `' barring any unforeseen circumstances, we see improved
operating performance in 2018 based on the improving macro-economic and capital markets environment, declining cost of funds for the bank, and the growing contributions of asset and wealth management following last year's acquisitions».
While our cash flow and
our operating performance in the quarter were strong, the headline numbers we're reporting today include substantial charges.
We eliminate these acquisition - related expenses from adjusted EBITDA and adjusted net income to provide management and investors a tool for comparing on a period - to - period basis
our operating performance in the ordinary course of operations.
T - Mobile uses Adjusted EBITDA internally as a metric to evaluate and compensate its personnel and management for their performance, and as a benchmark to evaluate T - Mobile's
operating performance in comparison to its competitors.
Not exact matches
Of course, when a chemically aged battery is replaced with a new one, iPhone
performance returns to normal when
operated in standard conditions.
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage
performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we
operate in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their
performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The Company considers EBITDA to be an important measure used to evaluate
operating performance, and the measure is frequently used by securities analysts, investors and other interested parties
in the evaluation of companies
in the industry, but this figure should not be considered
in isolation.
In a panel this week at SXSW, Jedi Mind Tricks for Entrepreneurs, she applies those same tactics to the business world, sharing tips to get any startup
operating at peak
performance.
Based on our experience, we initially thought this was due to a combination of two factors: a normal, temporary
performance impact when upgrading the
operating system as iPhone installs new software and updates apps, and minor bugs
in the initial release which have since been fixed.
In an effort to fix its international performance, Walmart in January appointed Chief Operating Officer Judith McKenna to run its international unit and has indicated it will focus on its core North American markets and growth markets like China and Indi
In an effort to fix its international
performance, Walmart
in January appointed Chief Operating Officer Judith McKenna to run its international unit and has indicated it will focus on its core North American markets and growth markets like China and Indi
in January appointed Chief
Operating Officer Judith McKenna to run its international unit and has indicated it will focus on its core North American markets and growth markets like China and India.
In response to Einhorn's presentation, Assured Guaranty released a statement that said the investor's analysis «fails to acknowledge the positive implications of our significant financial strength and strong
operating performance, and demonstrates a fundamental lack of understanding of our business model and the municipal debt markets.»
We use
performance / analytics cookies to analyze how the Website is accessed, used, or is performing
in order to provide you with a better user experience and to maintain,
operate and continually improve the Website.
This press release contains «forward - looking statements» within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's 2018 financial
performance, the company's growth strategy, the company's capital allocation strategy, the company's tax planning strategies and the
performance of the markets
in which the company
operates.
And third: That Apple (aapl), flush with cash, continues to
operate with the conviction that the extraordinary overhead of developing semiconductors
in - house is worth the competitive differentiation and
performance that a home - grown chip brings.
Despite Microsoft's remarkable financial
performance, as Microsoft CEO Ballmer failed to understand and execute on the five most important technology trends of the 21stcentury:
in search - losing to Google;
in smartphones - losing to Apple;
in mobile
operating systems - losing to Google / Apple;
in media - losing to Apple / Netflix; and
in the cloud - losing to Amazon.
DTS earnings before tax of $ 13.1 million increased 16 % compared with $ 11.3 million
in 2017, due to revenue growth and
operating performance, as well as favorable developments related to self - insurance claims from prior years.
Examples of forward - looking statements
in this news release include statements regarding the effectiveness of the Company's products, the potential outcome of clinical studies, the future success of development activities and the future growth and
operating and financial
performance of the Company.
«I feel like we as businesses have obligations to our employees, and part of that obligation is to help everyone understand what the environment that we're
operating in is like, to help everyone understand how our
performance relates to that environment, and to make clear that the business is not a family.
For the inflation rate, coupled with individual tax rates, will be the ultimate determinant as to whether our internal
operating performance produces successful investment results — i.e., a reasonable gain
in purchasing power from funds committed — for you as shareholders.
Management uses these non-GAAP financial measures
in making financial,
operating and planning decisions and
in evaluating the company's
performance.
We believe that adjusted diluted net income per share, adjusted net income, adjusted
operating income, adjusted
operating income margin and adjusted EBITDA are useful measures for investors to review, because they provide a consistent measure of the underlying financial results of our ongoing business and,
in our management's view, allow for a supplemental comparison against historical results and expectations for future
performance.
The bowl
operates similarly to other fantasy football platforms: Users will select a team of nine players — who score points based on their real - life,
in - game
performances — and face off against teams assembled by other contestants across the country.
The location - based services offered
in connection with our Mobile App (s) or feature (s) are for individual use only and should not be used or relied on as an emergency locator system, used while driving or
operating vehicles, or used
in connection with any hazardous environments requiring fail - safe
performance, or any other situation
in which the failure or inaccuracy of use of the location - based services could lead directly to death, personal injury, or severe physical or property damage.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins
operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support,
performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins
operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins
operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial
performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
In a statement Sunday, John Leahy, Airbus chief
operating officers - customers, said: «The A380plus is an efficient way to offer even better economics and improved operational
performance at the same time.»
Applying this framework requires
operating out
in the open, where employees can gather customer feedback and where business leaders can inform employees and advisors about company
performance in an honest manner.
We always expect top - tier
performance, and this policy is
in place to ensure our company
operates at peak effectiveness.
Management believes that these measures, when presented
in conjunction with the comparable GAAP measures, are useful to both management and its investors
in analyzing the company's ongoing business and
operating performance.
The company considers NAREIT FFO an important supplemental measure of our
operating performance and believes it is frequently used by securities analysts, investors and other interested parties
in the evaluation of REITs, many of which present NAREIT FFO when reporting results.
(United has similarly trailed competitors for years
in both financial and
operating performance.)
COPENHAGEN, Feb 1 - Danish energy group Orsted beat quarterly
operating profit forecasts on Thursday thanks to a strong
performance in its offshore wind business and said it planned to expand into onshore wind, solar power and energy storage.
Cree considers free cash flow to be an
operating performance and a liquidity measure that provides useful information to management and investors about the amount of cash generated by the business after the purchases of property and equipment, a portion of which can then be used to, among other things, invest
in Cree's business, make strategic acquisitions, strengthen the balance sheet and repurchase stock.
In addition to the non-GAAP measures discussed above, Cree also uses free cash flow as a measure of
operating performance and liquidity.
It's
operating from a position of strength and
in 2016 saw
operating return on equity of 13.3 %, consistent with its
performance over the decade despite historically low interest rates.
We believe that these non-GAAP measures are useful to investors
in assessing our
operating performance, as it provides them with the same tools that management uses to evaluate our
performance and is responsive to questions we receive from both investors and analysts.
We have eliminated this expense from adjusted net income as it is non-cash
in nature and is not indicative of our ongoing
operating performance.
We may incur expenses
in connection with acquisitions that are not indicative of our recurring core
operating performance.
As it is a non-cash charge, however, and highly dependent on our share price at the time of equity award grants, we believe that it is useful for investors and analysts to see certain financial measures excluding the impact of these charges
in order to obtain a clearer picture of our
operating performance.
PERILYA Mines NL has capped off its best six month
performance, notching up a record
operating profit of $ 6.2 million at its Fortnum gold mine
in WA for the first half of the 2000 financial year.
Management believes that these metrics reflect the organic, core
operating performance of the company, and therefore are useful to analysts and investors
in providing supplemental information that helps them understand, model and forecast the evolution of our
operating business.
Accordingly, we believe presenting non-GAAP net revenues to exclude the impact of purchase accounting adjustments aids
in the comparability between periods and
in assessing our overall
operating performance.
Because we hold significant assets and liabilities
in currencies other than our Russian ruble
operating currency, and because foreign exchange fluctuations are outside of our operational control, we believe that it is useful to present adjusted net income and related margin measures excluding these effects,
in order to provide greater clarity regarding our
operating performance.
«Michael Medline is an outstanding Canadian retailer who brings a passion for the customer experience and a proven ability to drive strong
operating and financial
performance within national organizations and across multiple brands,» Empire Chair James Dickson said
in a press release Thursday afternoon.
In a peak
performance culture, everyone is expected to take difficult stands and have difficult conversations whenever they experience a core
operating principle of the organization being violated regardless of the perceived danger that creates.
Pursuant to the
operating covenants
in certain of our leases, we could be required to continue to
operate a store that no longer meets our
performance expectations, requirements or current
operating strategies.
FORWARD - LOOKING STATEMENTS; ADDITIONAL INFORMATION Certain statements
in this document, including statements relating to the proposed combination of SolarCity Corporation («SolarCity») and Tesla Motors, Inc. («Tesla») and the combined company's future financial condition,
performance and
operating results, strategy and plans are «forward - looking statements» within the meaning of the Private Securities Litigation Reform Act of 1995.
We have included adjusted EBITDA
in this prospectus because it is a key measure used by our management and board of directors to understand and evaluate our core
operating performance and trends, to prepare and approve our annual budget and to develop short - and long - term operational plans.
«We are very concerned that Remington will be unable to refinance debt that comes due
in April 2019 given its weak
operating performance and high financial leverage,» Kevin Cassidy, a Moody's Investors Service Inc analyst, wrote
in a research note last month.