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| ABT > SEC Filings for ABT > Form 8-K on 15-Jul-2009 | All Recent SEC Filings |
15-Jul-2009
Results of Operations and Financial Condition
On July 15, 2009, Abbott Laboratories announced its results of operations for the second quarter 2009.
Furnished as Exhibit 99.1, and incorporated herein by reference, is the news release issued by Abbott announcing those results. In that news release, Abbott uses various non-GAAP financial measures including, among others: net earnings excluding specified items and diluted earnings per common share excluding specified items. These non-GAAP financial measures adjust for factors that are unusual or unpredictable, such as acquisition-related costs, cost reduction initiatives, litigation and tax settlements, product launch costs, acquired in-process research and development and gains and losses related to certain investments. Abbott's management believes the presentation of these non-GAAP financial measures provides useful information to investors regarding Abbott's results of operations as these non-GAAP financial measures allow investors to better evaluate ongoing business performance. Abbott's management also uses these non-GAAP financial measures internally to monitor performance of the businesses. Abbott, however, cautions investors to consider these non-GAAP financial measures in addition to, and not as a substitute for, financial measures prepared in accordance with GAAP.
Item 9.01 Financial Statements and Exhibits Exhibit No. Exhibit 99.1 Press Release dated July 15, 2009 (furnished pursuant to Item 2.02). |
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