Hurray! Reports Third Quarter 2008 Unaudited Financial Results Nov 21, 2008
Reconciliations of net income under U.S. generally accepted accounting principles (GAAP) and adjusted EBITDA are included at the end of this release ... The use of non-GAAP financial measures: To supplement its consolidated financial statements presented in accordance with generally accepted accounting principles ("GAAP") in the United States, Hurray. (Yahoo! Wire -- Entertainment News)
Perkins & Marie Callender's Inc. Reports Results for the Third Quarter Ended October 5, 2008 Nov 20, 2008
Adjusted EBITDA is not a presentation made in accordance with U.S. generally accepted accounting principles and accordingly should not be considered as an alternative to, or more meaningful than, earnings from operations, cash flows from operations or other traditional indications of a company's operating performance or liquidity. The following table provides a reconciliation of net loss to adjusted EBITDA. (PR Newswire)
Cyberonics Reports Strong Sales Growth and Profitability in Fiscal 2009 Second Quarter Nov 20, 2008
" Fiscal 2009 guidance Based on our first half performance, Cyberonics is increasing its previously provided sales guidance to between $136 million and $140 million. Additional details will be provided during the upcoming conference call and in the accompanying presentation slides, as described below. Use of Non-GAAP Financial Measure Management has disclosed a financial measurement in this press announcement that present financial information that is not in accordance with Generally Accepted... (PR Newswire)
Updated: Mentor's loss wider than anticipated Nov 20, 2008
said its loss for the quarter ended Oct. 31 was $78 million, or 85 cents per share, based on generally accepted accounting principles (GAAP). Mentor said it expected to post a GAAP loss per share of about 80 cents, including a tax provision of about 50 cents per share. (EETimes)
Barr Announces Agreements on Nasacort(R) AQ, Allegra(R) D-12 and Allegra(R) Patent Challenges Nov 19, 2008
Those factors include, without limitation: the difficulty in predicting the timing and outcome of legal proceedings, including patent-related matters such as patent challenge settlements and patent infringement cases; the difficulty of predicting the timing of FDA approvals; court and FDA decisions on exclusivity periods; the ability of competitors to extend exclusivity periods for their products; market and customer acceptance and demand for our pharmaceutical products; our dependence on... (PR Newswire)
Sapiens Announces Q3 2008 Results With Net Income for the First Time After Several Years of Net Losses Nov 19, 2008
This non-GAAP financial measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. In addition, these non-GAAP financial measures are not based on any comprehensive set of accounting rules or principles. (PR Newswire)
American National Announces Dividend and Chooses Not to Participate in U.S. Treasury Department's Capital Purchase Program Nov 19, 2008
Actual results could differ materially from those contained in or implied by such statements for a variety of reasons including, but not limited to: changes in interest rates; changes in accounting principles, policies, or guidelines; significant changes in the economic scenario; significant changes in regulatory requirements; and significant changes in securities markets. Consequently, all forward-looking statements made herein are qualified by these cautionary statements and the cautionary... (PR Newswire)
Economic conditions taking a toll on OSI Restaurant Partners Nov 19, 2008
In its filing Monday, financial statements did not include all the information and footnotes required by generally accepted accounting principles for complete financial statements. But the filing said, All adjustments necessary for the fair presentation of the company s interim results of operations, financial position and cash flows for the periods presented have been included. (Tampa Bay Business Journal, FL)
Point Blank Solutions Reports 2008 Third Quarter Results Nov 18, 2008
This measure is a non-GAAP financial measure, defined as numerical measures of financial performance that exclude or include amounts so as to be different than the most directly comparable measure calculated and presented in accordance with generally accepted accounting principles, or GAAP, in our statements of operations, balance sheets or statements of cash flows. Pursuant to the requirements of Regulation G, we have provided a reconciliation of this non-GAAP financial measure to the most... (PR Newswire)
The political center is moving left; Is big business taking note? Nov 18, 2008
Their demands for a universal, transparent structure with common regulations and accounting principles can only be discussed with the United States after President-elect Obama has taken office. The time has come for collective action. (Jakarta Post, Indonesia -- Business)
Young Broadcasting Announces Third Quarter and Nine Months Ended September 30, 2008 Results Nov 18, 2008
Station operating performance ("SOP") is not a financial measure calculated in accordance with generally accepted accounting principles (GAAP) in the United States. The Company defines SOP as operating income, plus non-cash compensation to employees, corporate overhead, depreciation and amortization. (Yahoo! Wire -- Entertainment News)
Longtop Financial Technologies Limited Announces Unaudited Financial Results for the Fiscal Quarter Ended September 30, 2008 Nov 17, 2008
" BUSINESS OUTLOOK Longtop anticipates for the quarter ending December 31, 2008: i) Total revenues of US$29.0 million, compared to previous guidance in August 2008 of US$26 million; representing an increase of 55.9% YoY from revenues of US$18.6 million in the corresponding year ago period; ii) Adjusted Net Income guidance of US$15.5 million or US$0.30 per diluted share, representing an increase of 47.6% YoY from Adjusted Net Income of US$10.5 million in the corresponding year ago period. Longtop... (PR Newswire)
Primoris Services Corporation Announces Third Quarter 2008 Financial Results Nov 17, 2008
October 2008: Contract with a large public utility for the installation of approximately 22 miles of 24" gas transmission mainline in Brawley, California, the purpose of which is to expand the public utility's existing storage system capacity to handle any additional load from future facilities. This contract, which commenced in November 2008 and is scheduled to be completed by May 2009, is expected to generate approximately $20 million in revenue to Primoris. Other Financial... (Primezone Releases)
First Federal Bankshares, Inc. Reports Financial Results For Fiscal First Quarter 2009 Nov 15, 2008
Such factors include, but are not limited to: (i) general market interest rates, (ii) general economic conditions, (iii) legislative/regulatory changes, (iv) monetary and fiscal policies of the U.S. Treasury and Federal Reserve, (v) changes in the quality or composition of Company's loan and investment portfolios, (vi) demand for loan products, (vii) deposit flow, (viii) competition, (ix) demand for financial services in Company's markets and (x) changes in accounting principles, policies, or... (PR Newswire)
Cardiome Reports Third Quarter Results Nov 15, 2008
Amounts, unless specified otherwise, are expressed in Canadian dollars and in accordance with Canadian Generally Accepted Accounting Principles (Canadian GAAP). At close of business on September 30, 2008, the exchange rate was CAD$1. (PR Newswire)
ITC^DeltaCom Announces 2008 Third Quarter Results Nov 15, 2008
Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles. For information about management's reasons for providing data with respect to adjusted EBITDA, the limitations associated with the use of adjusted EBITDA and a quantitative reconciliation of adjusted EBITDA to net loss, as net loss is calculated in accordance with generally accepted accounting principles, see the accompanying table captioned "Adjusted EBITDA Reconciliation." ... Adjusted... (PR Newswire)
Rainmaker Reports Results for the Three and Nine Months Ended September 30, 2008 Nov 15, 2008
Below is selected information derived from the unaudited interim consolidated financial statements, which have been prepared in accordance with Canadian generally accepted accounting principles ... 40) -------------------------------------------------------------------------- -------------------------------------------------------------------------- EBITDA is not a term defined under generally accepted accounting principles. (CCNMatthews Press Releases)
Welton Energy Corporation Announces Third Quarter Operational and Financial Results Nov 15, 2008
The following supplementary information provides a review of the financial results of the Company based, subject to the foregoing, upon accounting principles generally accepted in Canada ... In the Management's Discussion & Analysis ("MD&A") references are made to terms commonly used in the oil and gas industry that are not defined by generally accepted accounting principles ("GAAP") in Canada and are referred to as non-GAAP measures ... Our internal controls over financial reporting are... (CCNMatthews Press Releases)
Fortress Energy Inc. Announces Third Quarter 2008 Financial and Operating Results Nov 15, 2008
The interim financial statements have been prepared in accordance with Canadian Generally Accepted Accounting Principles ("GAAP") ... Except as noted below, the unaudited interim financial statements of the Company have been prepared by management in accordance with Canadian generally accepted accounting principles using the same accounting policies as set out in note 2 to the audited consolidated financial statements for the year ended December 31, 2007. (CCNMatthews Press Releases)
Whitestone REIT Announces Nine-Month and Third Quarter Financial Results Nov 15, 2008
Funds from operations (``FFO''), as defined by the National Association of Real Estate Investment Trusts, is net income (loss) available to common shareholders computed in accordance with generally accepted accounting principles (``GAAP''), then deducting gains (or adding losses) from sales of operating real estate assets and extraordinary items and adding back depreciation and amortization of operating properties, plus the share of unconsolidated real estate joint ventures and partnerships. We... (Primezone Releases)
LBI Media, Inc. Reports Third Quarter 2008 Results Nov 15, 2008
This measure should be considered in addition to, but not as a substitute for, or superior to, other measures of liquidity and financial performance prepared in accordance with U.S. generally accepted accounting principles, such as cash flows from operating activities, operating income or loss and net income or loss ... The table set forth below reconciles net cash provided by (used in) operating activities, calculated and presented in accordance with U.S. generally accepted accounting... (Yahoo! Wire -- Entertainment News)
Juniper Content Corporation Reports Third Quarter 2008 Results Nov 15, 2008
Since Juniper Content merged with privately held Firestone Communications, Inc. (Firestone"), Juniper Contents historical results for the nine months ended September 30, 2007 do not include the results of operations of Firestone for the period preceding the January 19, 2007 acquisition date. As such, reported results for the nine months ended September 30, 2008 are not comparable with results for the nine months ended September 30, 2007. To provide a basis for comparison, in addition to... (Yahoo! Wire -- Entertainment News)
MedCath Corporation Reports Fourth Quarter Earnings, Enters New Credit Facility and Announces Redemption of 9 7/8% Senior Notes Nov 14, 2008
This release contains measures of MedCath's historical financial performance that are not calculated and presented in conformity with generally accepted accounting principles ("GAAP"), including Adjusted EBITDA and Adjusted Free Cash Flows. Adjusted EBITDA represents MedCath's income from continuing operations before interest expense; interest and other income, net; income tax expense; depreciation; amortization; share-based compensation expense; pre-opening expenses; loss on disposal of... (PR Newswire)
Orleans Homebuilders Reports Results for First Quarter Ending September 30, 2008 Nov 14, 2008
In this regard, GAAP refers to generally accepted accounting principles in the United States of America ... In this regard, GAAP refers to generally accepted accounting principles in the United States of America. (PR Newswire)
Advantage Announces 3rd Quarter Results 2008 Nov 14, 2008
The consolidated financial statements have been prepared in accordance with Canadian generally accepted accounting principles ("GAAP") and all references are to Canadian dollars unless otherwise indicated ... Canadian generally accepted accounting principles require that a future income tax liability be recorded when the book value of assets exceeds the balance of tax pools ... The interim consolidated financial statements of Advantage Energy Income Fund ("Advantage" or the "Fund") have been... (PR Newswire)
Media Sciences Reports First Quarter Financial Results Nov 14, 2008
Media Sciences International is the leading independent manufacturer of color workgroup printer supplies. (PRNewsFoto/Media Sciences International, Inc.) OAKLAND, NJ UNITED STATES. (PR Newswire)
DDS Wireless Continues Its Growth Trend Over 2007 Nov 14, 2008
All financial information is expressed in Canadian dollars and in accordance with Canadian generally accepted accounting principles ("GAAP") except where noted specifically. ADVERTISEMENT. (CCNMatthews Press Releases)
Ag Growth Announces Q3 2008 Results and Distributions Nov 14, 2008
EBITDA is not a financial measure recognized by Canadian generally accepted accounting principles ("GAAP") and does not have a standardized meaning prescribed by GAAP. Management cautions investors that EBITDA should not replace net income or loss as an indicator of performance, or cash flows from operating, investing, and financing activities as a measure of the Fund's liquidity and cash flows ... Gross margin is not a financial measure recognized by Canadian generally accepted accounting... (CCNMatthews Press Releases)
Taylor Capital to Receive $105 Million Through U.S. Treasury's Tarp Capital Purchase Program Nov 13, 2008
These risks, uncertainties and other factors include, without limitation: the effect on our profitability if interest rates fluctuate as well as the effect of our customers' changing use of our deposit products; the possibility that our wholesale funding sources may prove insufficient to replace deposits at maturity and support our growth; the risk that our allowance for loan losses may prove insufficient to absorb probable losses in our loan portfolio; possible volatility in loan charge-offs... (PR Newswire)
Bancolombia S.A. Announces Unconsolidated Results for the Month of October 2008 Nov 13, 2008
This information has been prepared in accordance with generally accepted accounting principles in Colombia and is stated in nominal terms. SOURCE Bancolombia S.A.. (PR Newswire)
Conseco Completes Transfer of Senior Health Insurance Company of Pennsylvania to Independent Trust Nov 13, 2008
Assumptions and other important factors that could cause our actual results to differ materially from those anticipated in our forward-looking statements include, among other things: (i) general economic, market and political conditions, including the performance and fluctuations of the financial markets which may affect our ability to raise capital or refinance our existing indebtedness; (ii) our ability to obtain adequate and timely rate increases on our supplemental health products including... (PR Newswire)
Quality Shake-Down in U.S. Pre-Compliance Carbon Registry Market Moves Closer Nov 13, 2008
Today's launch also sees the publication of the American Carbon Registry Standard, the overarching standard which details GHG accounting principles as well as carbon offset and corporate GHG inventory eligibility requirements. Forestry and Agriculture sector standards will be released this year as the first in a series of sector standards that will be published by early 2009 to complete a full range of easy-to-use protocols for its members. (PR Newswire)
Education Management LLC Reports Fiscal 2009 First Quarter Results Nov 13, 2008
The presentation of EBITDA does not comply with U.S. generally accepted accounting principles (GAAP). For an explanation of EBITDA and Adjusted EBITDA (used for covenant compliance), and a reconciliation to net income, the most directly comparable GAAP financial measure, see the Non-GAAP Financial Measures disclosure in the financial tables section below. (PR Newswire)
Graymark Healthcare Reports Third Quarter EBITDA Increase of 191 Percent Nov 13, 2008
EBITDA is not considered a measure of financial performance under U.S. generally accepted accounting principles (GAAP), and the items excluded from EBITDA are significant components in understanding and assessing our financial performance. EBITDA should not be considered in isolation or as an alternative to such GAAP measures as net income, cash flows provided by or used in operating, investing or financing activities or other financial statement data presented in our consolidated financial... (Primezone Releases)
StealthGas Inc. Reports Third Quarter and Nine Months 2008 Results and Announces Quarterly Cash Dividend of $0.1875 Per Common Share Nov 13, 2008
Adjusted EBITDA does not represent and should not be considered as an alternative to net income or cash flow from operations, as determined by the United States generally accepted accounting principles, and our calculation of Adjusted EBITDA may not be comparable to that reported by other companies in the shipping or other industries. Adjusted EBITDA is included herein because it is a basis upon which we assess our financial performance and liquidity position and because we believe that it... (Primezone Releases)
MPEL Announces Third Quarter 2008 Earnings Nov 13, 2008
Gaming companies have historically reported adjusted EBITDA as a supplement to financial measures in accordance with U.S. generally accepted accounting principles (``GAAP''). However, adjusted EBITDA should not be considered as an alternative to operating income as an indicator of MPEL's performance, as an alternative to cash flows from operating activities as a measure of liquidity, or as an alternative to any other measure determined in accordance with GAAP. Unlike net income, adjusted EBITDA... (Primezone Releases)
First Advantage Bancorp Reports Higher Third Quarter 2008 Adjusted Net Income (Net of Other-Than-Temporary Impairment Charges and Investment Losses) and Strong Asset Quality; Subsidiary Bank Continues to be 'Well Capitalized' Nov 13, 2008
Factors which could have a material adverse effect on the operations of the Company and its subsidiary include, but are not limited to, changes in interest rates, national and regional economic conditions, legislative and regulatory changes, monetary and fiscal policies of the U.S. government, including policies of the U.S. Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for... (Primezone Releases)
FCStone Group, Inc. Announces Fourth Quarter and Fiscal Year Results Nov 13, 2008
For purposes of Regulation G, a non-GAAP financial measure is a numerical measure of a company's performance, financial position, or cash flows that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure, calculated and prepared in accordance with generally accepted accounting principles in the United Sates (GAAP). Revenues, net of cost of commodities sold, is not a substitute for the GAAP measure of total revenues. (Primezone Releases)
Updated: Applied to cut 1,800 jobs after profit falls Nov 13, 2008
04 billion and a net income of $231 million, based on generally accepted accounting principles (GAAP), for the quarter, which ended Oct. 26. Revenue declined 14 percent year-to-year from $2. (EETimes)
Revised: Sonic Solutions Reports Financial Results for Second Fiscal Quarter Ended September 30, 2008 Nov 13, 2008
To supplement our consolidated financial statements, which are prepared and presented in accordance with generally accepted accounting principles ("GAAP"), we report the following non-GAAP financial measures in presenting results and giving guidance: non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income (loss) and non-GAAP net income (loss) per share. We also provide guidance regarding our projected earnings before interest,... (Yahoo! Wire -- Entertainment News)
Cascal N.V. Announces Six Month and Second Quarter 2009 Results Nov 12, 2008
The term EBITDA is not defined under generally accepted accounting principles, or GAAP, and is not a measure of operating income, operating performance or liquidity presented in accordance with GAAP. EBITDA has limitations as an analytical tool, and when assessing the Company's operating performance, investors should not consider EBITDA in isolation, or as a substitute for net income (loss) or other consolidated income statement data prepared in accordance with GAAP. Investor Contacts: KCSA... (PR Newswire)
Concur Exceeds Guidance With Record Revenue and Earnings for Fourth Quarter and Fiscal 2008 Nov 12, 2008
The tables above reconcile the non-GAAP financial measures to the most directly comparable financial measures prepared in accordance with accounting principles generally accepted in the United States ("GAAP"). Non-GAAP financial measures should not be considered as a substitute for, or as superior to, measures of financial performance prepared in accordance with GAAP. Concur's non-GAAP financial measures do not reflect a comprehensive system of accounting, and they differ from GAAP measures with... (PR Newswire)
Hologic Announces Fourth Quarter and Fiscal 2008 Operating Results Nov 12, 2008
56 per diluted share, calculated in accordance with generally accepted accounting principles in the U.S. (GAAP). This net loss included significant charges relating to the Third Wave acquisition. (PR Newswire)
NBTY Reports Fourth Quarter and Fiscal Year Results Nov 12, 2008
This non-GAAP financial measure is not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies ... 00 Weighted average common shares outstanding: Basic 63,386 67,268 Diluted 65,739 69,404 SALES (Unaudited) THREE MONTHS ENDED FISCAL YEARS ENDED SEPTEMBER 30, SEPTEMBER 30, Perce- Perce- ntage ntage (In thousands) 2008 2007 Change 2008 2007 Change Wholesale/ US Nutrition $358,543 $236,941 51% $1,160,486... (PR Newswire)
Boralex Reports an Exceptional Third Quarter 2008 Nov 12, 2008
The summarized financial statements included in this press release also contain certain financial measurements that are not recognized as Generally Accepted Accounting Principles (GAAP) ... The following financial informations were extracted from the interim consolidated financial statements of Boralex Inc.The complete interim financial statements were prepared conformingly with the Canadian generally accepted accounting principles (GAAP). (Canada Newswire)
Brazilian Diamonds Limited: Quarterly Report for the Nine Month Period Ended 30 September 2008 Nov 12, 2008
The following financial data has been prepared in accordance with Canadian generally accepted accounting principles in Canadian currency ... These financial statements have been prepared using Canadian generally accepted accounting principles applicable to a going concern, which contemplates the realization of assets and settlement of liabilities in the normal course of business as they come due ... These circumstances lend substantial doubt as to the ability of the Company to meet its... (CCNMatthews Press Releases)
Crocotta Energy Inc.: Q3 2008 Financial and Operating Results Nov 12, 2008
The unaudited interim financial statements and financial data contained in the MD&A have been prepared in accordance with Canadian generally accepted accounting principles ("Canadian GAAP" or "GAAP") in Canadian currency (except where noted as being in another currency) ... Management is required to make judgments, assumptions, and estimates in the application of generally accepted accounting principles that have a significant impact on the financial results of the Company ... The interim... (CCNMatthews Press Releases)
Arctic Glacier Posts Third Quarter Results Nov 12, 2008
EBITDA, adjusted earnings and distributable cash are not recognized measures under Canadian generally accepted accounting principles (GAAP). EBITDA is defined as earnings before interest, taxes, depreciation, amortization, acquisition integration charges, gains or losses on foreign exchange, goodwill impairment charge and other non-recurring expenses. (CCNMatthews Press Releases)
Team Finance LLC Announces Third Quarter 2008 Results Nov 11, 2008
Adjusted EBITDA is not a measurement of financial performance or liquidity under generally accepted accounting principles. It should not be considered in isolation or as a substitute for net income, operating income, cash flows from operating, investing or financing activities, or any other measure calculated in accordance with generally accepted accounting principles. (PR Newswire)
John Bodine, Vice President of Sales and Marketing, to Head up CyberSource's Small Business Unit Nov 11, 2008
Factors that could cause actual results to differ materially from the forward looking statements include risks and uncertainties such as changes in Generally Accepted Accounting Principles and the application thereof, changes in customer needs, the risks inherent in integrating a newly-acquired business, the risks of failures, disruptions or illiquidity in the national and global banking, credit and financial systems and the impact of those risks on the company's business, the risk of the... (PR Newswire)
Sbarro, Inc. Announces Results of Operations for the Quarter and Nine Months Ended September 28, 2008 Nov 11, 2008
Exhibit A includes a reconciliation of EBITDA to net loss, which is the most directly comparable financial measure under United States Generally Accepted Accounting Principles ("GAAP") ... SBARRO, INC. AND SUBSIDIARIES COMBINED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (In thousands) GAAP GAAP "Combined" For the For the Nine period period Nine Months January 31 January 1 Months ended through through ended September 28, September 30, January 30, September 2008 2007 2007 30, 2007 *... (PR Newswire)
SIRIUS XM Radio Reports Third Quarter 2008 Results Nov 11, 2008
14 (6) Free cash flow is calculated as follows (in thousands): Pro Forma Pro Forma Three months ended Nine months ended September 30, September 30, 2008 2007 2008 2007 Net change in cash and cash equivalents $(44,329) $ (111,244) $ (235,849) $ (22,740) Cash flow from financing activities (52,918) 8,407 (350,902) (476,576) Other investing (343) (15) 9,078 (10,958) Free cash flow $(97,590) $(102,852) $(577,673) $(510,274) (7) Average monthly self-pay churn; conversion rate; ARPU; SAC, as adjusted,... (PR Newswire)
Intersections Inc. Reports Third Quarter 2008 Earnings Nov 11, 2008
0 % $273,52 Total revenue $93,415 $71,403 1 $194,708 Revenue from transactional sales (9,093) (8,673) (26,481) (27,229) Revenue from lost/stolen credit card registry (9) (7) (27) (37) Subscription revenue 84,313 62,723 247,013 167,442 Marketing and commissions 35,095 23,382 100,253 61,155 Commissions paid on transactional sales (1) (2) (4) (11) Commissions paid on lost/stolen credit card registry (15) (10) (37) (25) Marketing and commissions associated with 35,079 23,370 100,212 61,119... (PR Newswire)
Deerfield Capital Corp. Announces Third Quarter 2008 Results and Cost Savings Initiative Nov 11, 2008
Generally accepted accounting principles currently require the negative equity of this consolidated subsidiary to flow into the company's financial statements even though the Market Square CLO is a bankruptcy remote entity, and the company's economic exposure is limited to its equity investment. Economic book value at September 30, 2008 of $81. (PR Newswire)
BELLUS Health Reports Results for Third Quarter of Fiscal 2008 and on EMEA Update Nov 11, 2008
It should be read in conjunction with the Company's unaudited consolidated financial statements for the periods ended September 30, 2008, as well as the Company's audited consolidated financial statements for the year ended December 31, 2007, which have been prepared in accordance with Canadian Generally Accepted Accounting Principles (GAAP). For discussion regarding related-party transactions, contractual obligations, disclosure controls and procedures, internal control over financial... (PR Newswire)
Wenzel Downhole Tools Ltd. Announces Third Quarter Results for 2008 Nov 11, 2008
EBITDA does not have a standardized meaning for Canadian generally accepted accounting principles ("GAAP") and therefore may not be comparable with calculations of similar measures presented by other issuers. EBITDA is not intended to represent net income for the period nor should it be viewed as an alternative to operating or net income or other measures of financial performance calculated in accordance with GAAP.. (CCNMatthews Press Releases)
Midway Reports 2008 Q3 Results Nov 11, 2008
The following table reconciles Midway's net loss and basic and diluted loss per share as presented in its Consolidated Statements of Operations as prepared in accordance with Generally Accepted Accounting Principles ("GAAP") in the United States of America with its non-GAAP loss and non-GAAP basic and diluted loss per share. Midway's non-GAAP loss and non-GAAP basic and diluted loss per share exclude stock option expense, convertible debt non-cash interest expense, and deferred tax expense... (Yahoo! Wire -- Entertainment News)
Lionsgate Reports Revenues of $380.7 Million for Second Quarter of Fiscal 2009, Up 8% From Prior Year's Second Quarter; Net Loss of $48.1 Million Compared to Net Loss of $58.0 Million in Prior Year's Second Quarter Nov 11, 2008
This non-GAAP financial measure is in addition to, not a substitute for, or superior to, measures of financial performance prepared in accordance with Generally Accepted Accounting Principles ... While management considers EBITDA as defined, to be an important measure of comparative operating performance, it should be considered in addition to, but not as a substitute for, net income and other measures of financial performance reported in accordance with Generally Accepted Accounting Principles.... (Yahoo! Wire -- Entertainment News)
AEP Refines 2009 Ongoing Earnings Guidance to Reflect Regulatory, Economic Factors Nov 10, 2008
Ongoing earnings represent earnings from continuing operations, which exclude special or one-time items included in the earnings prepared in accordance with Generally Accepted Accounting Principles. AEP management will discuss 2009 ongoing earnings guidance in meetings with investors at the EEI Financial Conference that begins today in Phoenix. (PR Newswire)
American Capital Announces Plan To Acquire European Capital, Revises Dividend Policy and Reports Q3 2008 Earnings Nov 10, 2008
"The week ending October 10th should be considered a wake up call for any company that has to value its assets using market yield analysis as required under Generally Accepted Accounting Principles," commented Malon Wilkus, American Capital Chairman and Chief Executive Officer. "During that week, market prices were reflecting tremendous forced selling of assets, overnight credit for the best rated companies disappeared and LIBOR was irrationally priced. Stock prices declined severely, but bond... (PR Newswire)
OncoGenex Reports Third Quarter Financial Results Nov 10, 2008
In accordance with generally accepted accounting principles, OncoGenex Technologies is deemed to have acquired Sonus from an accounting perspective. Therefore, the consolidated results of operations of the Company include the results of OncoGenex Technologies for the third quarter and nine month periods that ended September 30, 2008 and 2007 respectively and the results of OncoGenex Pharmaceuticals, Inc. following the completion of the transaction with Sonus. (Canada Newswire)
The Case Of The Missing Solar Shares Nov 9, 2008
would simply go out of business, Evergreen s agreement with the bank was predicated on the company s own aggressive interpretation of U.S. Generally Accepted Accounting Principles (GAAP) rules and perhaps an over-willingness to trust that one of the biggest, oldest and most well-known financial institutions on Wall Street had 13-year-old Evergreen s best interest at heart. El-Hillow describes the situation this way: It s as if Lehman decided to sell its house and on the wall was a picture that... (Worcester Business Journal, MA)
UMH Properties, Inc. Reports Nine-Month Earnings Nov 8, 2008
FFO and FFO per share (1) do not represent cash flow from operations as defined by generally accepted accounting principles; (2) should not be considered as alternatives to net income or net income per share as measures of operating performance or to cash flows from operating, investing and financing activities; and (3) are not alternatives to cash flow as a measure of liquidity. FFO and FFO per share, as calculated by the Company, may not be comparable to similarly entitled measures reported by... (PR Newswire)
Diamond Hill Investment Group, Inc. Reports Results for Third Quarter 2008 Nov 8, 2008
In accordance with generally accepted accounting principles this tax benefit is not reflected in earnings. About Diamond Hill: Diamond Hill provides investment management services to institutions and financial intermediaries seeking to preserve and build capital. (PR Newswire)
Cadence expecting bigger 3Q loss on charges Nov 8, 2008
said it now expects to record a loss, based on generally accepted accounting principles (GAAP), of 65 to 67 cents per diluted share for the third quarter. Cadence had previously said it expected to report a GAAP net loss of 25 to 27 cents per share. (EETimes)
