athenahealth, Inc. press releases contain forward-looking statements that are based on our current expectations, assumptions, estimates and projections about our company and our industry. Words such as may, will, should, predict, continue, plan, expect, anticipate, estimate, intend, believe, could, goal, objective and similar expressions indicate forward-looking statements. These statements may include, but are not limited to, statements concerning our anticipated performance, including revenue, margin, cash flow, balance sheet and profit expectations; development and implementation of our services; duration, size, scope and revenue expectations associated with client contracts; benefits provided by our services, outsourcing and consulting services; business mix; sales and growth in our client base; market opportunities; industry conditions and trends; regulatory developments and our accounting, including its effects and potential changes in accounting.
These forward-looking statements involve substantial risks and uncertainties. Actual results may differ materially from the results projected due to a number of risks and uncertainties, including but not limited to the following. Development of software and services may take longer and cost more than expected, and anticipated features, functionality or service processes may be delayed due to various factors including integration challenges and resource constraints. Clients' circumstances vary and may include unforeseen issues that make it more difficult or costly than anticipated to implement or derive benefit from our services. The success and timeliness of our services often depends at least in part upon client involvement, which we cannot directly control and which may be variable. Our client contracts typically can be terminated by clients on short notice and without cause. Our competition is vigorous, and competitors may present more attractive offerings or offer more aggressive pricing. New business is not assured, and existing clients may migrate to competing offerings. We may not achieve financial performance targets due to various risks, including slower-than-expected business development or new account implementation, or higher-than-expected costs to provide services, meet service commitments, sign new contracts or develop software or service processes. The regulatory environment may change in ways that adversely affect our services or market demand for our services. These and other risks and uncertainties are described under the headings "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our filings made from time to time with the Securities and Exchange Commission. The cautionary statements made in this report should be read as being applicable to all related forward-looking statements wherever they appear.
These forward-looking statements are only predictions. We cannot guarantee future results, levels of activity, performance or achievements. Information in our press releases is provided as of the date of the release, and we assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. We nonetheless reserve the right to make such updates from time to time without the need for specific reference to this statement or to any press release. No such update shall be deemed to indicate that other statements not addressed by such updates remain correct or to create an obligation to provide any other updates.
| NASD:ATHN
$28.51 + 0.51 |
Jul 23, 2008
4:12 PM ET |
