Consolidated Statements of Operations (GAAP) and Adjusted EBITDA (Non-GAAP)

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The Company defines Adjusted EBITDA as the consolidated net income before deducting interest (income) expense, income taxes, depreciation, amortization, non-cash share-based compensation, restructuring, acquisition and divestiture related costs, CEO transition costs related to CEO succession, acquisition fair value adjustments, and other non-operating income (expense) items, including the gain on the Laser Quantum acquisition, foreign exchange gains (losses) and earnings from an equity-method investment.

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