Third Quarter 2024 Business Outlook (4)
A reconciliation of our business outlook on a GAAP and non-GAAP basis is provided in the following table:
| Three Months Ended September 29, 2024 | |||
| Revenue | Net Income (Loss)
| ||
| (In millions, except per share data) | |||
| GAAP | $132 - $142 | $(0.07) - $(0.01) | |
| Estimated adjustment for stock-based compensation and other expense | — | 0.15 | |
| Non-GAAP | $132 - $142 | $0.08 - $0.14 | |
per Diluted Share| (4) | Business outlook does not include estimates for any currently unknown income and expense items which, by their nature, could arise late in a quarter, including: litigation reserves, net; impairment charges; discrete tax benefits or detriments relating to tax windfalls or shortfalls from equity awards; and any additional impacts relating to the implementation of U.S. tax reform. New material income and expense items such as these could have a significant effect on our guidance and future results. |
