Statement under the Private Securities Litigation Reform Act of 1995:
Safe Harbor Provision for www.infosys.com, www.infy.com, www.inf.com, www.edgeverve.com, www.itlinfosys.com, and www.infosysequinox.com
The Private Securities Litigation Reform Act of 1995 provides a ‘safe harbor' for forward looking statements to encourage companies to provide prospective information as long as the statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause actual results to differ materially from those disclosed in the statement.
This website and other items we publish, including through social media outlets, may contain forward-looking statements about the company's financial and operating results that are intended to qualify for ‘safe harbor’ under the Private Securities Reform Act of 1995. These may include expected GAAP and non-GAAP financial and other operating and non-operating results, including revenue, net income, diluted earnings per share, operating cash flow growth, operating margin improvement, expected revenue growth, expected current remaining performance obligation growth, expected tax rates, stock-based compensation expenses, amortization of purchased intangibles, shares outstanding, market growth, environmental, social and governance goals and expected capital allocation, including mergers and acquisitions, capital expenditures and other investments. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any such risks or uncertainties materialize or if any of the assumptions prove incorrect, the company’s results could differ materially from the results expressed or implied by the forward-looking statements it makes.
Certain statements concerning our future growth prospects, financial projections, and expectations and plans for navigating the COVID-19 impacts on our employees, clients and stakeholders are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the impact of geopolitical events, natural disasters and actual or threatened public health emergencies, such as the ongoing COVID-19 and the effects of government and other measures seeking to contain its spread; risks related to an economic downturn or recession in India, the United States and other countries around the world; changes in political, business, and economic conditions; fluctuations in earnings; fluctuations in foreign currency exchange rates and interest rates; our ability to manage growth; market changes and competition in IT services, Business Process Outsourcing and consulting services, including those factors which may affect our cost advantage; our business strategy and our plan to build our business, including our strategy to be the leading provider of artificial intelligence, big data, digital, and enterprise cloud computing applications, platforms and services; the pace of change and innovation in our products and services; our service performance and security, including the resources and costs required to avoid unanticipated downtime and prevent, detect and remediate potential security breaches; the expenses associated with our data centers and third-party infrastructure providers; our reliance on third-party hardware, software and platform providers; our dependency on the development and maintenance of the infrastructure of the Internet; the effect of evolving domestic and foreign government regulations, including those related to the provision of services on the Internet, those related to accessing the Internet, and those addressing data privacy, cross-border data transfers and import and export controls; our ability to expand our brand or enhance our products and services; wage increases in India and other countries in which we operate; our ability to attract and retain highly skilled professionals; time and cost overruns on fixed-price and fixed-time frame contracts; client concentration; industry segment concentration; restrictions on immigration; our ability to manage our international operations; fluctuations of supply and demand for technology, products or services in our key focus areas; disruptions in telecommunication networks or system failures; the sufficiency of our capital resources; factors related to our outstanding debt, revolving credit facility and loans; compliance with our debt covenants and lease obligations; our strategy of acquiring or making investments in complementary businesses, joint ventures, services, technologies and intellectual property rights; our ability to successfully complete and integrate potential acquisitions; the demands on our personnel and infrastructure resulting from significant growth in our customer base and operations, including as a result of acquisitions; liability for damages on our contractual obligations; the success or our ability to realize the benefits of the strategic partnerships, joint ventures and companies in which Infosys has made strategic investments; withdrawal or expiration of governmental fiscal incentives; political instability and regional conflicts; legal restrictions on raising capital or acquiring companies outside India; unauthorized use of our intellectual property; general economic conditions affecting our industry; the impact of new accounting pronouncements and tax laws; the impact of global warming; and the outcome of current or future litigation, and regulatory and government investigations.
Further information on these and other factors that could affect our financial results is included in our United States Securities and Exchange Commission filings available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders.
Infosys Ltd. assumes no obligation and does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the company, its subsidiaries or affiliates, except as required by law.