Yahoo 2015 Annual Report Download - page 7

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Forward-Looking Statements
In addition to current and historical information, this Annual Report on Form 10-K contains forward-
looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These
statements relate to our future operations, prospects, potential products, services, developments, and
business strategies. These statements can, in some cases, be identified by the use of terms such as
“may,” “will,” “should,” “could,” “would,” “intend,” “expect,” “plan,” “anticipate,” “believe,” “estimate,”
“predict,” “project,” “potential,” or “continue,” the negative of such terms, or other comparable
terminology. This Annual Report on Form 10-K includes, among others, forward-looking statements
regarding:
expectations related to our strategic plan announced in February 2016;
our exploration of strategic alternatives;
expectations about revenue, including search, display, and other revenue, as well as revenue from
our offerings in mobile, video, native, and social (“Mavens”);
expectations about the financial and operational impacts of our Search and Advertising Services
and Sales Agreement with Microsoft Corporation and our Google Services Agreement with
Google Inc.;
expectations about the growth of, the opportunities for monetization in and revenue from, the
mobile industry and mobile devices;
expectations about growth in users;
projections and estimates with respect to our restructuring activities;
expectations about changes in operating expenses;
anticipated capital expenditures;
expectations about changes in our earnings in equity interests and net income;
expectations about the amount of unrecognized tax benefits, the outcome of tax assessment
appeals, the adequacy of our existing tax reserves, future tax expenditures, and tax rates;
expectations about the sufficiency of our available sources of liquidity to meet normal operating
requirements and capital expenditures; and
expectations regarding the future outcome of legal proceedings in which we are involved.
These statements involve certain known and unknown risks and uncertainties that could cause our
actual results to differ materially from those expressed or implied in our forward-looking statements.
You are urged to carefully review the disclosures made concerning risks and uncertainties that may
affect our business or operating results, which include, among others, those listed in Part 1, Item 1A
“Risk Factors” of this Annual Report on Form 10-K. We do not intend, and undertake no obligation, to
update or revise any of our forward-looking statements after the date of this Annual Report on Form
10-K to reflect new information, actual results or future events or circumstances.
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