Risk Factors Update Summary
- Global economic uncertainty in Fiscal 2024 led to decreased demand from larger customers, impacting IT spending.
- Recent periods saw a shift from reliance on vendors to reliance on contract manufacturers, affecting non-trade accounts receivables.
- Heightened cybersecurity risks include sophisticated threats, potential breaches, and data exfiltration, impacting operations and reputation.
- Supply shortages may lead to delays in filling customer orders, impacting revenue and profitability.
- Failure to comply with evolving ESG standards may result in reputational harm, regulatory proceedings, and increased costs.
- Increased investment in AI-optimized solutions to address industry trends towards hybrid-computing models.
- Changes in tax laws and regulations, including OECD discussions, may lead to increased tax uncertainty and cash tax payments.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1571996&owner=exclude
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