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Comtex News Network, Inc. Selected Financial Information (unaudited) |
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Three Months |
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Ended September 30, |
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2005 |
2004 |
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Revenues |
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$ 1,996 |
$ 1,987 |
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Operating
Income |
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104 |
132 |
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Net Income
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$ 63 |
$ 96 |
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Net Income
Per Share |
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Basic |
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$ 0.01 |
$ 0.01 |
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Diluted |
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$ 0.01 |
$ 0.01 |
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Weighted
Avg. # Shares: |
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Basic |
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13,600 |
13,599 |
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Diluted |
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14,784 |
14,707 |
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Reconciliation to EBITDA: |
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Net Income |
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$ 63 |
$ 96 |
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Stock-based compensation |
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117 |
- |
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Depreciation & Amortization |
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106 |
180 |
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Interest/Other Expense |
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25 |
35 |
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Income Taxes |
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16 |
- |
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EBITDA |
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$ 327 |
$ 311 |
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Please Note: EBITDA consists of earnings before interest and other expense, interest and other income, income taxes, stock-based compensation, depreciation and amortization and impairment charges. EBITDA is not a term defined by generally accepted accounting principles, and as a result, our measure of EBITDA might not be comparable to similarly titled measures used by other companies. However, we believe that EBITDA is relevant and useful information, which is often reported and widely used by analysts, investors and other interested parties in our industry. Accordingly, we are disclosing this information to permit a more comprehensive analysis of our operating performance.