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JANUARY 8, 2019 | SAN FRANCISCO, CAJ.P . Morgan Healthcare Conference
JANUARY 8, 2019 | SAN FRANCISCO, CAJ.P . Morgan
Healthcare Conference2Forward Looking Statement and Use of Adjusted Measures
This presentation contains forward -looking statements including but not limited to statements with respect to financial results and the related assumptions, the impact of
various factors on operating and financial results, expected savings and synergies (including from the LaunchPad initiative a nd as a result of acquisitions), and the
opportunities for future growth.
This presentation contains forward -looking statements which are subject to change based on various important factors, including without limitation, competitive actions
and other unforeseen changes and general uncertainties in the marketplace, changes in government regulations, including health care reform, customer purchasing
decisions, including changes in payer regulations or policies, other adverse actions of governmental and third -party payers, cha nges in testing guidelines or
recommendations, adverse results in material litigation matters, the impact of changes in tax laws and regulations, failure t o maintain or develop customer relationships,
our ability to develop or acquire new products and adapt to technological changes, failures in information technology systems ordata security, challenges in implementing
business process changes, employee relations, and the effect of exchange rate fluctuations on international operations.
Actual results could differ materially from those suggested by these forward -looking statements. The Company has no obligation to provide any updates to these forward -
looking statements even if its expectations change. Further information on potential factors, risks and uncertainties that could affect the operating and financial results of
Laboratory Corporation of America Holdings (the “Company”) is included in the Company’s Form 10 -K for the year ended December 31 , 2017, and subsequent Forms 10 -Q,
including in each case under the heading risk factors, and in the Company’s other filings with the SEC.
This presentation contains “adjusted” financial information that has not been prepared in accordance with GAAP, including Adj usted EPS, and Free Cash Flow, and certain
segment information. The Company believes these adjusted measures are useful to investors as a supplement to, but not as a s ubstitute for, GAAP measures, in
evaluating the Company’s operational performance. The Company further believes that the use of these non -GAAP financial measure s provides an additional tool for
investors in evaluating operating results and trends, and growth and shareholder returns, as well as in comparing the Company ’s financial results with the financial results
of other companies. However, the Company notes that these adjusted measures may be different from and not directly comparable tothe measures presented by other
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