United States Steel Corporation (X)

<!DOCTYPE html> <html lang="en"> <head> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta charset="utf-8"> <link rel="alternate" type="application/rss+xml" title="United States Steel Corporation - Recent News" href="https://investors.ussteel.com/news-events/news-releases/rss" /> <title>United States Steel Corporation (X)</title> <link rel="canonical" href="https://investors.ussteel.com"> <meta property="og:url" content="https://investors.ussteel.com"> <meta property="og:site_name" content="United States Steel Corporation"> <meta property="og:title" content="Investors"> <meta property="og:type" content="website"> <meta property="og:image" content="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3215/29038/social_image_resized.jpg"> <meta name="twitter:card" content="summary_large_image"> <meta property="og:description" content="United States Steel Corporation, with operations in the U.S. and Central Europe, is a leading steel producer. Grounded in an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure,…"> <meta name="description" content="United States Steel Corporation, with operations in the U.S. and Central Europe, is a leading steel producer. Grounded in an unwavering focus on safety, the Company’s customer-centric Best for All® strategy is advancing a more secure,…"> <script type="application/ld+json"> {"@context":"http:\/\/schema.org","@type":"Corporation","name":"United States Steel Corporation","address":{"@type":"PostalAddress","streetAddress":"600 Grant Street ","addressLocality":"Pittsburgh, PA","postalCode":"15219","addressCountry":"United States"},"legalName":"United States Steel Corporation","description":"United States Steel Corporation, with operations in the U.S. and Central Europe, is a leading steel producer. Grounded in an unwavering focus on safety, the Company\u2019s customer-centric Best for All\u00ae strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel\u2019s proprietary XG3\u2122 advanced high-strength steel. The Company also maintains competitively advantaged iron ore production and has an annual raw steelmaking capability of 22.4 million net tons.","tickerSymbol":": X","url":"https:\/\/investors.ussteel.com","logo":"https:\/\/d1io3yog0oux5.cloudfront.net\/_871a703ad34e43f8f0477a06ba2d66bd\/ussteel\/logo.png","image":"https:\/\/d1io3yog0oux5.cloudfront.net\/_871a703ad34e43f8f0477a06ba2d66bd\/ussteel\/db\/3215\/29038\/social_image_resized.jpg","sameAs":[]}</script>  <meta name="viewport" content="initial-scale=1.0, width=device-width"> <link rel="preconnect" href="https://d1io3yog0oux5.cloudfront.net"> <link rel="preconnect" href="https://qmod.quotemedia.com"> <link href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/css/ir.stockpr.css" rel="stylesheet" type="text/css" media="screen" /> <link rel="stylesheet" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/css/style.css"> <link rel="shortcut icon" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/favicons/favicon.ico"> <link rel="apple-touch-icon" sizes="180x180" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/favicons/apple-touch-icon.png"> <link rel="icon" type="image/png" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/favicons/favicon-32x32.png" sizes="32x32"> <link rel="icon" type="image/png" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/favicons/favicon-16x16.png" sizes="16x16"> <link rel="manifest" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/favicons/manifest.json"> <link rel="mask-icon" href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/favicons/safari-pinned-tab.svg"> <meta name="theme-color" content="#ffffff">  <script async src="https://www.googletagmanager.com/gtag/js?id=G-FKDQDZ00RM"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-FKDQDZ00RM'); </script>  <script type="text/javascript"> var _paq = window._paq = window._paq || []; /* tracker methods like "setCustomDimension" should be called before "trackPageView" */ _paq.push(['trackPageView']); _paq.push(['enableLinkTracking']); (function() { var u = 'https://webanalytics.uss.com/analytics/'; _paq.push(['setTrackerUrl', u+'matomo.php']); _paq.push(['setSiteId', '30']); var d=document, g=d.createElement('script'), s=d.getElementsByTagName('script')[0]; g.type='text/javascript'; g.async=true; g.src=u+'matomo.js'; s.parentNode.insertBefore(g,s); })(); </script>  </head> <body class="107607 page-type-ir-overview ir has-zero-nav "> <div class="general-wrapper"> <nav id="header" class="affixed" aria-label="Main"> <div id="skipLinks"> <a href="#mainContent">Skip to main content</a> <a href="#footer">Skip to footer</a> </div> <div class="zero-nav "> <div class="container-fluid"> <div class="row justify-content-end align-items-center"> <div class="zero-nav-links"> <a href="https://www.ussteel.com/" target="_blank" rel="noopener">Back to USSteel.com<img src="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/icon-new-window.svg" alt="Redirect"></a> </div> </div> </div> </div> <div class="container-fluid"> <div class="d-flex justify-content-between"> <div class="logo"> <a href="/"> <img src="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/files/theme/images/logo.svg" width="255" height="50" alt="United States Steel Corporation"> <span>Investor Relations</span> </a> </div> <a role="button" class="mobile-nav-trigger" id="showRight" aria-label="Expand main navigation" aria-controls="mobile-nav"> <div class="meat"></div> <div class="meat"></div> <div class="meat"></div> </a> <div class="cbp-spmenu cbp-spmenu-vertical cbp-spmenu-right main-nav" id="mobile-nav"> <ul class="main-menu"> <li class="sr-only p-0 pr-3"><a href="/">Investors</a></li> <li class="active active-landing" data-submenu-id="submenu-ir-overview"> <a href="/" target="_self" >IR Overview</a> </li> <li class="" data-submenu-id="submenu-strategic-alternatives-process"> <a href="http://www.bestdealforamericansteel.com/" target="_blank" rel="noopener">Nippon to Acquire U. 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</li> <li class=""> <a href="/corporate-governance/contact-the-board" target="_self" >Contact the Board</a> </li> </ul> </li> <li class="has-children last-item" data-submenu-id="submenu-resources"> <a href="/resources" target="_self" >Resources</a> <ul id="submenu-resources"> <li class=""> <a href="/resources/additional-information" target="_self" >Additional Information</a> </li> </ul> </li> <li class="d-xl-none-custom"> <a href="https://www.ussteel.com/" target="_blank" rel="noopener"> Back to USSteel.com </a> </li> </ul> </div> </div> </div> </nav> <header class="page-hero ir-hero overlay dark qr ir-cta-qr has-stats" style="background: url(https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3225/29183/background_image.jpg);background-position: 50% 50%;background-repeat: no-repeat;background-size: cover;background-color: #333;"> <div class="container"> <div class="text"> <h1 class="sr-only">Investor Relations</h1> <h2 class="head-title heading--h4">Latest Financial Results</h2> <div class="row"> <div class="col-lg-12 mb-5"> <div class="date">Oct 31, 2024 • 4:17 PM EDT</div> <h3>Q3 2024 Quarterly Results</h3> <p>Quarter Ended Sep 30, 2024 </p> </div> <div class="col-lg-6"> <div class="qr-links mt-0"> <div class="result-line"> <div class="row justify-space-between"> <div class="col-auto file-title"> Earnings Release </div> <div class="col file-links"> <a href="https://investors.ussteel.com/news-events/news-releases/detail/701/united-states-steel-corporation-reports-third-quarter-2024" title="United States Steel Corporation Reports Third Quarter 2024 Results" class="link"><span class="eqicon-HTML"></span>HTML</a> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/news/2024-10-31_United_States_Steel_Corporation_Reports_Third_701.pdf" class="link" title="PDF: United States Steel Corporation Reports Third Quarter 2024 Results" target="_blank" rel="noopener"><span class="eqicon-PDF"></span>PDF</a> </div> </div> </div> <div class="result-line"> <div class="row justify-content-between"> <div class="col-auto file-title"> Presentation </div> <div class="col file-links"> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3222/30243/presentation/Third+Quarter+2024+Earnings+Presentation+-+20241031+vFinal.pdf" target="_blank" rel="noopener" aria-label="PDF: Presentation" class="link"> <span class="eqicon-PDF"></span>PDF </a> </div> </div> </div><div class="result-line"> <div class="row justify-content-between"> <div class="col-auto file-title"> Segment and Financial Operational Data </div> <div class="col file-links"> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3222/30243/segment_and_financial_operational_data/USS+Segment+and+Financial+Operational+Data+-+Q3+2024+vFinal.pdf" target="_blank" rel="noopener" aria-label="PDF: Segment and Financial Operational Data" class="link"> <span class="eqicon-PDF"></span>PDF </a> </div> </div> </div> <div class="result-line"> <div class="row justify-space-between"> <div class="col-auto file-title"> 10-Q <span class="sr-only">Filing</span> </div> <div class="col file-links"> <a href="/sec-filings/all-sec-filings/content/0001163302-24-000068/x-20240930.htm" title="10-Q" rel="noopener" class="link" target="_blank" rel="noopener"><span class="eqicon-HTML"></span>HTML</a> <a href="/sec-filings/all-sec-filings/content/0001163302-24-000068/0001163302-24-000068.pdf" title="10-Q" class="link" target="_blank" rel="noopener"><span class="eqicon-PDF"></span>PDF</a> </div> </div> </div> </div> </div> <div class="col-lg-6"> <div class="results-stats results-stats-row"> <div class="stat-box"> <p class="stat--value"><span>$319M</span></p> <p class="stat--title"><span>Adjusted EBITDA*</span></p> </div> <div class="stat-box"> <p class="stat--value"><span>$0.56</span></p> <p class="stat--title"><span>Adjusted Diluted EPS*</span></p> </div> </div> <div class="financial-disclaimer"> <p>Source: <a href="/news-events/news-releases/detail/701/united-states-steel-corporation-reports-third-quarter-2024">Q3 2024 Earning Release</a></p> <p>*Non-GAAP Financial Measure. View <a href="/news-events/news-releases/detail/701/united-states-steel-corporation-reports-third-quarter-2024">full reconciliation in our Q3 earnings press release</a>.</p> <p class="mt-3">For complete information regarding our financials, see our <a href="/sec-filings/all-sec-filings">periodic filings</a></p> </div> </div> </div> </div> </div> </header> <main id="mainContent"> <section class="module 12-col-layout" > <div class="container"> <div class="row justify-content-center align-items-center"> <div class="col-lg-12"> <div class="module-content"> <div class="text-area"> <div class="text text-left"> <h2 class="heading--h3">NIPPON STEEL CORPORATION TO ACQUIRE U. S. STEEL</h2> <h3 class="heading--h4">December 18, 2023</h3> <a href="https://investors.ussteel.com/news-events/news-releases/detail/659/nippon-steel-corporation-nsc-to-acquire-u-s-steel" target="_blank" rel="noopener" class="block-link" title="Opens in a new window">View Press Release</a><br><a href="https://d1io3yog0oux5.cloudfront.net/_d014cd4c61378df5fbadbf1c1c97cfc9/ussteel/db/3199/30217/pdf/Nippon+Steel+%26+U.+S.+Steel+-+Presentation+-+12.18.23.pdf" target="_blank" rel="noopener" class="block-link" title="Opens in a new window">View Presentation</a><br><a href="https://d1io3yog0oux5.cloudfront.net/_d014cd4c61378df5fbadbf1c1c97cfc9/ussteel/db/3195/30218/file/TRANSCRIPT+-+Nippon+%26+U.+S.+Steel+Investor+Call+-+20231218.pdf" target="_blank" rel="noopener" class="block-link" title="Opens in a new window">View Transcript</a> </div> </div> </div> </div> </div> </div> </section> <div id="financial-results" class="module module-overview-financial-results neutral-bg hide-report" > <div class="container"> <div class="module-header text"> <h2 class="heading--h3 mb-5">Latest Financial Results</h2> <h3 class="heading--h4">Q3 2024</h3> <p class="date">For the Quarter Ended Sep 30, 2024</p> </div> <div class="row"> <div class="col-lg-8"> <div class="results text p-0"> <div class="text"> <div class=" "> <div> <div class="result-line"> <div class="row justify-space-between"> <div class="col-auto file-title"> Earnings Release </div> <div class="col file-links"> <a href="https://investors.ussteel.com/news-events/news-releases/detail/701/united-states-steel-corporation-reports-third-quarter-2024" title="United States Steel Corporation Reports Third Quarter 2024 Results" class="link"><span class="eqicon-HTML"></span>HTML</a> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/news/2024-10-31_United_States_Steel_Corporation_Reports_Third_701.pdf" class="link" title="PDF: United States Steel Corporation Reports Third Quarter 2024 Results" target="_blank" rel="noopener"><span class="eqicon-PDF"></span>PDF</a> </div> </div> </div> <div class="result-line"> <div class="row justify-content-between"> <div class="col-auto file-title"> Presentation </div> <div class="col file-links"> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3222/30243/presentation/Third+Quarter+2024+Earnings+Presentation+-+20241031+vFinal.pdf" target="_blank" rel="noopener" aria-label="PDF: Presentation" class="link"> <span class="eqicon-PDF"></span>PDF </a> </div> </div> </div><div class="result-line"> <div class="row justify-content-between"> <div class="col-auto file-title"> Segment and Financial Operational Data </div> <div class="col file-links"> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3222/30243/segment_and_financial_operational_data/USS+Segment+and+Financial+Operational+Data+-+Q3+2024+vFinal.pdf" target="_blank" rel="noopener" aria-label="PDF: Segment and Financial Operational Data" class="link"> <span class="eqicon-PDF"></span>PDF </a> </div> </div> </div> <div class="result-line"> <div class="row justify-space-between"> <div class="col-auto file-title"> 10-Q <span class="sr-only">Filing</span> </div> <div class="col file-links"> <a href="/sec-filings/all-sec-filings/content/0001163302-24-000068/x-20240930.htm" title="10-Q" rel="noopener" class="link" target="_blank" rel="noopener"><span class="eqicon-HTML"></span>HTML</a> <a href="/sec-filings/all-sec-filings/content/0001163302-24-000068/0001163302-24-000068.pdf" title="10-Q" class="link" target="_blank" rel="noopener"><span class="eqicon-PDF"></span>PDF</a> </div> </div> </div> </div> </div> </div> </div> </div> <div class="col-lg-4 stats-mod"> <div class="results-stats"> <div class="stat-box"> <span class="stat--value">$319M</span> <p class="stat--title">Adjusted EBITDA*</p> </div> <div class="stat-box"> <span class="stat--value">$0.56</span> <p class="stat--title">Adjusted Diluted EPS*</p> </div> </div> <div class="financial-disclaimer"> <p>Source: <a href="/news-events/news-releases/detail/701/united-states-steel-corporation-reports-third-quarter-2024">Q3 2024 Earning Release</a></p> <p>*Non-GAAP Financial Measure. View <a href="/news-events/news-releases/detail/701/united-states-steel-corporation-reports-third-quarter-2024">full reconciliation in our Q3 earnings press release</a>.</p> <p class="mt-3">For complete information regarding our financials, see our <a href="/sec-filings/all-sec-filings">periodic filings</a></p> </div> </div> </div> </div> </div> <div class="module module-overview-financial-results module-annual-report primary-color-bg dark" > <div class="container"> <div class="ar-row"> <section> <h2 class="heading--h3">Latest Annual Report</h2> <p>For Fiscal Year Ending Dec 31, 2023</p> </section> <section class="report-links"> <h3 class="sr-only">Report Links</h3> <nav class="inline-btns right" aria-labelledby="document-navigation"> <h4 id="document-navigation" class="sr-only">Annual Report Document Links</h4> <a href="https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3222/30221/annual_report/USS_AR_Report_2023_with10K_v2.pdf" class="btn" target="_blank" rel="noopener">View Report</a> <a href="/sec-filings/all-sec-filings/content/0001163302-24-000009/0001163302-24-000009.pdf" class="btn" target="_blank" rel="noopener">View 10-K</a> </nav> </section> </div> </div> </div> <div class="module module-stats neutral-bg header-center content-box-h background overlay dark" style="background: url(https://d1io3yog0oux5.cloudfront.net/_871a703ad34e43f8f0477a06ba2d66bd/ussteel/db/3297/29945/background_image.jpg);background-position: 50% 50%;background-repeat: no-repeat;background-size: cover;background-color: #333;"> <div class="container"> <div class="module-header"> <div class="row"> <div class="col-md-12"> <div class="text"> <h2 class="heading--h3">Creating a Differentiated U.S. Steel</h2> </div> </div> </div> </div> <div class="flex-row stats-row flex-3-col mt-0 mb-0"> <div class="flex-item"> <div class="content-box"> <div class="text"> <div class="stat"> <div class="row"> <div class="col-12 p-0"> <span class="stat--value">1</span> </div> <div class="col-12 p-0"> <p class="stat--title">Our Best for All<sup>®</sup> strategy aims to:</p> </div> </div> <div class="description text-left"> <br> <ul> <li><strong>Enhance our Earnings Profile:</strong> Building a platform for greater value creation</li> <li><strong>Deliver Long-term Cash Flow:</strong> Improving competitiveness across industry cycles</li> <li><strong>Lower our Cost, Capital and Carbon Intensity:</strong> Increasing value for investors</li> </ul> </div> </div> </div> </div> </div> <div class="flex-item"> <div class="content-box"> <div class="text"> <div class="stat"> <div class="row"> <div class="col-12 p-0"> <span class="stat--value">2</span> </div> <div class="col-12 p-0"> <p class="stat--title">By expanding on competitive advantages in:</p> </div> </div> <div class="description text-left"> <ul> <li><strong>Low-cost Iron Ore:</strong> Differentiated metallics strategy</li> <li><strong>Mini Mill Steelmaking:</strong> Future free cash flow engine</li> <li><strong>Best-in-class Finishing Capabilities:</strong> Sustainable steel solutions</li> </ul> </div> </div> </div> </div> </div> </div> </div> </div> <section class="module module-stock-banner module-stock-banner--w-header " > <div class="container"> <div class="stock-header"> <div class="row justify-content-between align-items-center"> <div class="col-lg-auto"> <div class="text"> <h2 class="heading--h3">Stock Information</h2> </div> </div> <div class="col-lg-auto d-none d-lg-block"> <div class="inline-btn"> <a href="/stock-data" class="btn">View Detailed Stock Information</a> </div> </div> </div> </div> <div class="stock-info quote-box qtool" data-qmod-tool="detailedquotetab" data-qmod-params="{"lang":"en","showLogo":false,"lowHigh":false,"symbol":"X"}" data-name="qmod"> <span class="loader"></span> <script type="text/template"> <div class="row"> <div class="col"> <p class="date">{data.pricedata.lasttradedatetime | momentjs 'true' 'LLL' tLang} {data.tz | asTimezone tLang}</p> </div> </div> <div class="row justify-content-between no-gutters"> <div class="col-lg-auto symbol"> <h3 class="p-style--xs">Market/Symbol</h3> <span class="value">NYSE: X</span> </div> <div class="col-lg-auto price"> <h3 class="p-style--xs">Price</h3> <span class="value">${data.pricedata.last | asQHLast tLang }</span> </div> <div class="col-lg-auto change"> <h3 class="p-style--xs">Change</h3> <span class="value"> <span rv-qmodchange="data.pricedata.change" class="qmod-change"> <span class="number">{data.pricedata.change | asQHLast tLang }</span> <span class="percent"> ({data.pricedata.changepercent | numeraljs '0.00' '0.00' | postFix '%'})</span> </span> </span> </div> <div class="col-lg-auto volume"> <h3 class="p-style--xs">{tplLang.volume| toLang tLang}</h3> <span class="value">{data.pricedata.sharevolume | numeraljs '0.00a'}</span> </div> <div class="col-lg-auto day-range"> <h3 class="p-style--xs">Day Range</h3> <span class="value">${data.pricedata.low | asQHLast tLang} - 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S. Steel Featured in Episode of “Inside the Blueprint” Airing on Bloomberg TV</h3> <a href="https://investors.ussteel.com/news-events/news-releases/detail/700/u-s-steel-featured-in-episode-of-inside-the" class="block-link">View Press Release</a> </article> </div> </div> <div class="col-md-4"> <div class="content-box"> <article class="text" data-mh="news-block"> <time class="date" datetime="2024-10-09T16:15:00">October 9, 2024 4:15 pm EDT</time> <h3 class="p-style--md">United States Steel Corporation to Release Third Quarter 2024 Financial Results on October 31, 2024</h3> <a href="https://investors.ussteel.com/news-events/news-releases/detail/699/united-states-steel-corporation-to-release-third-quarter" class="block-link">View Press Release</a> </article> </div> </div> </div> <div class="d-md-none btn-wrapper"> <a href="https://investors.ussteel.com/news-events/news-releases" class="btn" >View All News</a> </div> </div> </section> </main> <footer id="footer" class="has-qmod" > <section class="contact-info module primary-color-bg dark " > <div class="container"> <div class="text"> <h2 class="heading--h6">IR Contacts</h2> <div class="row"> <div class="col-lg contact-col" data-mh="contact-col"> <h3 class="heading--h6" data-mh="Individual Shareholders:">Individual Shareholders:</h3> <p class="mb-0"> Transfer Agent<br> EQ Shareowner Services<br> T: (866) 433-4801<br> <a href="https://shareowneronline.com" target="_blank" rel="noopener">https://shareowneronline.com</a><br> </p> </div> <div class="col-lg contact-col" data-mh="contact-col"> <h3 class="heading--h6" data-mh="General Inquiries:">General Inquiries:</h3> <p class="mb-0"> U. 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We intend the forward-looking statements to be covered by the safe harbor provisions for forward-looking statements in those sections. Generally, we have identified such forward-looking statements by using the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “target,” “forecast,” “aim,” “should,” “will,” "may" and similar expressions or by using future dates in connection with any discussion of, among other things, operating performance, trends, events or developments that we expect or anticipate will occur in the future, statements relating to volume changes, share of sales and earnings per share changes, anticipated cost savings, statements regarding our future strategies and statements expressing general views about future operating results. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements are not historical facts, but instead represent only the Company’s beliefs regarding future events, many of which, by their nature, are inherently uncertain and outside of the Company’s control. It is possible that the Company’s actual results may differ, possibly materially, from the anticipated results indicated in these forward-looking statements. Management believes that these forward-looking statements are reasonable as of the time made. However, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date when made. Our Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. 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