8-KEarnings & ResultsExhibits & Filings

ABBOTT LABORATORIES 8-K Report, Financial Results (Apr 12, 2005)

Filed April 12, 2005For Securities:ABT

Summary

Abbott Laboratories filed an 8-K on April 12, 2005, to report its first-quarter 2005 financial results. The filing primarily serves to furnish a press release detailing these results, which is incorporated by reference. Investors should note that Abbott's management utilizes non-GAAP financial measures, such as earnings excluding one-time charges, to provide a clearer view of ongoing business performance. While these non-GAAP figures are presented to aid investor understanding of operational trends, Abbott emphasizes that they should be considered alongside, and not as a replacement for, traditional GAAP-based financial measures. The press release itself is the primary source of detailed financial information and is attached as Exhibit 99.1 to this 8-K filing.

Key Highlights

  • 1Abbott Laboratories announced its first-quarter 2005 results.
  • 2The 8-K filing primarily furnished a press release containing these financial results.
  • 3Non-GAAP financial measures, such as earnings excluding one-time charges, were used in the report.
  • 4Management believes non-GAAP measures offer valuable insights into ongoing business performance.
  • 5Investors are advised to consider non-GAAP measures in conjunction with, not as a substitute for, GAAP measures.
  • 6The press release (Exhibit 99.1) is the key document for detailed financial information.
  • 7Thomas C. Freyman, Executive Vice President, Finance and Chief Financial Officer, signed the filing.

Frequently Asked Questions

The main purpose of this 8-K filing is to officially report and provide access to Abbott Laboratories' financial results for the first quarter of 2005, through the furnishing of a press release.

Non-GAAP financial measures are financial metrics that exclude certain items, such as one-time charges, that are considered unusual or unpredictable. Abbott's management uses them to provide investors with a better understanding of the company's ongoing business performance by isolating core operational results.

No, Abbott cautions investors to consider these non-GAAP financial measures in addition to, and not as a substitute for, financial measures prepared in accordance with Generally Accepted Accounting Principles (GAAP). GAAP measures provide the standard, comprehensive view of financial performance.

The detailed financial results are located in the press release dated April 12, 2005, which is furnished as Exhibit 99.1 to this 8-K filing. This press release is incorporated by reference into the report.