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Sugar Zone South Continues to Expand, SZ-19-276 Returned 23.59 g/t Over 2.02 m

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Discovery of New Gold, Copper, Zinc Trend over 10 km

TORONTO, Aug. 14, 2019 (GLOBE NEWSWIRE) — HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to provide the following exploration update.

Highlights

  • The high grade Sugar Zone South discovery continues to expand.  Current mineralized extent is 300 meters along strike and 200 meters down dip and remains open in both directions.
  • Recent mineralized intersections in the Upper Zone areas of Sugar Zone South have returned up to 23.59 g/t over 2.02 meters.
  • Step out drilling continues to define the size of Sugar Zone South.  The Company expects to incorporate this new zone in an updated mineral resource estimate by the end of this year.
  • New mineralized discoveries at the Flat Lake and TNT Zones have returned gold and base metals values (copper, zinc and molybdenum) along a combined trend in excess of 10 km.  No previous diamond drilling has been conducted in these areas.  Geophysical surveys and drill programs are now being planned.
  • At Flat Lake and south to the TNT Showing, gold, zinc and copper values of 253 ppb, 0.79% and 0.69% respectively have been discovered over significant widths.

Stephen G. Roman, President and CEO, commented, “The Company is excited by the scale of the combined Flat Lake and TNT zones, in both strike and width.  These areas show a significant presence of sulphides, indicating the potential for a large mineralized system.”

Near Mine Drilling – Sugar Zone South

A new high grade zone is presently being delineated and is currently 300 meters on strike at 200 meters down dip.  It remains open in both directions.  Drilling continues on this target area to define resources.  Please see results below:

Hole # From To Grade (g/t Au) Width (m)
SZ-19-273
Including
412.00
412.81
413.41
413.00
6.06
27.80
1.41
0.30
SZ-19-274
Including
358.70
350.45
360.75
360.75
6.30
42.00
2.05
0.30
SZ-19-276
Including
487.09
488.00
489.11
489.11
23.59
42.32
2.02
1.11

(core intersection lengths approximate 80% true width, assay results are uncut, fire assay with metallic screen on samples >10 g/t)

Property Wide Exploration

Significant mineralization has been identified in two new areas, locally known as the Flat Lake and TNT Zones.  Both of these Zones occur at the north end of the Sugar Zone property approximately 18 km northeast and 12 km north, respectively, from the Sugar Zone Mine site. 

At Flat Lake, the “West Lake Showings” have several mineralized outcrops consisting of altered mafic and minor ultramafic volcanics which are interbedded with mineralized iron formation and cut by several altered feldspar porphry and gabbro dykes/sills. Many of the outcrops host several narrow (<10-15cm) mineralized quartz veins.  Anomalous gold values up to 110 ppb were obtained from limited rock sampling conducted in the area indicating gold mineralization is present within the altered-mineralized rocks in the Flat Lake area. ICP results are pending for this area. 

At the TNT Zone three altered-mineralized showings were identified along a 4.0 km anomalous trend.  Based on airborne EM-magnetics this anomaly appears to consist of two separate but parallel EM-magnetic horizons.  The TNT showing consists of highly altered mafic volcanics with strong silica flooding and quartz veining.  Up to 30% sulphides are present which consist of pyrite, pyrrhotite, lessor chalcopyrite, molybdenum and sphalerite.  Showing “A” consists of altered mafic volcanics and altered feldspar porphyries which look similar to the rock types encountered in the Flat Lake area, in particular, the strong muscovite-sericite alteration, up to 10-20% quartz stringers and 1-3% pyrite-pyrrhotite (py-po).  “Showing B” consists of sheared and altered mafic volcanics with 10% quartz veining and 1-2% py-po.  The “TNT Showing” and “A Showing” are coincident with EM and magnetic anomalies while “Showing B” is associated with a magnetic low which may suggest the presence of an altered-mineralized zone where there has been magnetite destruction.  Showings “A” and “B” are located 1.0 km and 1.8 km northeast of the TNT Showing, respectively.

Anomalous gold values ranging from 16 ppb to 40 ppb to a high of 253 ppb (Showing B) have been obtained from rock sampling collected along the 4.0 km anomalous trend identified by geophysics and the Maximos AI technology.  In addition, at the TNT showing, rock samples show strong zinc values up to 0.79%, copper values up to 0.69% as well as molybdenum similar to the Hemlo area.  ICP results are pending for the Showing A and B areas, however, similar base metals values are expected as similar altered-mineralized rocks types were discovered in each of the three areas. 

Combined, the Flat Lake and TNT Zones represent a previously unknown altered and mineralized horizon with anomalous gold and base metal values which occur along a strike length in excess of 10 km.  No previous diamond drilling has been conducted on this trend to date.  Additional geophysical surveying, prospecting and drilling are planned for these exciting new discovery areas.

Qualified Persons and NI 43-101 Disclosure

The company has implemented a quality assurance and control (“QA/QC”) program to ensure sampling and analysis of mine and exploration work is conducted in accordance with industry standards. Drill core is sawn in half with one half of the core shipped to Activation Laboratories located in Thunder Bay, ON, while the other half is retained at the Company’s core facilities in White River, ON, for future verification. Channel and Chip samples were sent to Wesdome Mines lab in Wawa, ON. Certified reference standards and blanks are inserted into the sample stream on a regular interval basis and monitored as part of the QA/QC program.  Gold analysis is performed by fire assay using atomic absorption, gravimetric or pulp metallic finish.

Robert Kusins, P. Geo., Harte Gold’s Senior Mineral Resource geologist, is the Company’s Qualified Person and has prepared, supervised the preparation, or approved the scientific and technical disclosure in this news release.

About Harte Gold Corp.

Harte Gold is Ontario’s newest gold producer through its wholly owned Sugar Zone Mine in White River Ontario.  Using a 3 g/t gold cut-off, the NI 43-101 compliant Mineral Resource Estimate dated February 19, 2019 contains an Indicated Mineral Resource of 4,243,000 tonnes grading 8.12 g/t Au with 1,108,000 ounces contained gold and an Inferred Mineral Resource of 2,954,000 tonnes, grading 5.88 g/t Au with 558,000 ounces contained gold.

A NI 43-101 compliant Feasibility Study was completed on the Sugar Zone Mine effective February 15, 2019 calculating total Reserves of 3,879,000 tonnes grading 7.1 g/t Au with 890,000 ounces of gold.  Exploration continues on the Sugar Zone Property, which encompasses 79,335 hectares covering a significant greenstone belt.

For further information, please contact:  
Stephen G. Roman Shawn Howarth
President and CEO Vice President, Corporate Development
Tel: 416-368-0999 Tel: 416-368-0999
Email: sgr@hartegold.com E-mail: sh@hartegold.com

This news release includes “forward-looking statements”, within the meaning of applicable securities legislation, which are based on the opinions and estimates of Management and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements.  Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “budget”, “plan”, “continue”, “estimate”, “expect”, “forecast”, “may”, “will”, “project”, “predict”, “potential”, “targeting”, “intend”, “could”, “might”, “should”, “believe” and similar words suggesting future outcomes or statements regarding an outlook.  Such risks and uncertainties include, but are not limited to, risks associated with the mining industry, including operational risks in exploration, development and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of reserve estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; the uncertainty surrounding the ability of the Company to obtain all permits, consents or authorizations required for its operations and activities; and health, safety and environmental risks, the risk of commodity price and foreign exchange rate fluctuations, the ability of Harte Gold to fund the capital and operating expenses necessary to achieve the business objectives of Harte Gold, the uncertainty associated with commercial negotiations and negotiating with foreign governments and risks associated with international business activities, as well as those risks described in public disclosure documents filed by the Company.  Due to the risks, uncertainties and assumptions inherent in forward-looking statements, prospective investors in securities of the Company should not place undue reliance on these forward-looking statements.  Statements in relation to “reserves” or “resources” are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the reserves or resources described may be profitably produced in the future.  

Readers are cautioned that the foregoing list of risks, uncertainties and other factors are not exhaustive.  The forward-looking statements contained in this document are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or in any other documents filed with Canadian securities regulatory authorities, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws. The forward-looking statements are expressly qualified by this cautionary statement.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/19ff2064-8195-4b57-bd48-c2ebcc5fc9a2

https://www.globenewswire.com/NewsRoom/AttachmentNg/dc458e26-88a7-4903-aee1-e54ef2cee79b

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IT Industry

UPDATE – ChinaCache Announces Changes to the Composition of the Company’s Board of Directors

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BEIJING, Aug. 17, 2019 (GLOBE NEWSWIRE) — ChinaCache International Holdings Ltd. (“ChinaCache” or the “Company”) (Nasdaq GS: CCIH), a leading total solutions provider of Internet content and application delivery services in China, today announced changes to the composition of the Company’s Board of Directors (“the Board”).

Ms. Jean Xiaohong Kong and Mr. Yunjie Liu resigned from the management team and the Board on August 15, 2019. Mr. Bin Liu (acting CEO) and Mr. Xiaoqiang Wei (Vice President) were elected to the Board on that same date. In addition, the Board has strengthened its composition with the election of Dong Yu on August 11, 2019, to serve as an independent director of the Company’s Board.

Mr. Dong Yu, a CPA, based in Shanghai, serves as Vice President of Finance, APAC Region for Nexans Cable (China) Co., Limited, a regional subsidiary of Nexans S.A. a global player in the cable and optical fiber industry and second largest global manufacturer of cables. Mr. Yu through his deep experience working in the APAC region, joins ChinaCache’s Board with deep leadership experience across commercial, operational and compliance functions.

About ChinaCache International Holdings Ltd.

ChinaCache International Holdings Ltd. is a leading total solutions provider of Internet content and application delivery services in China. Through its distinctive 3-tier Internet ecosystem, ChinaCache also offers Internet data center management, Internet Exchange operations and cloud hosting services.  ChinaCache’s network is interconnected with the incumbent carriers as well as other local Internet & broadband service providers in China.  With two decades of experience in developing customized solutions for China’s complex Internet infrastructure, ChinaCache has helped enterprises, SME clients, government agencies and other organizations enhance the reliability and scalability of their online services and applications.  To learn more about ChinaCache and how it has improved end-user experience, please visit ir.chinacache.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company’s goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company’s expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries please contact:

Investor Relations Department
ChinaCache International Holdings
Tel: +86 10 6408-5686
Email: ir@chinacache.com

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IT Industry

ChinaCache Announces Changes to the Composition of the Company’s Board of Directors

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BEIJING, Aug. 16, 2019 (GLOBE NEWSWIRE) — ChinaCache International Holdings Ltd. (“ChinaCache” or the “Company”) (Nasdaq GS: CCIH), a leading total solutions provider of Internet content and application delivery services in China, today announced changes to the composition of the Company’s Board of Directors (“the Board”).

Ms. Jean Xiaohong Kong and Mr. Yunjie Liu resigned from the management team and the Board on August 15, 2019. Mr. Bin Liu (acting CEO) and Mr. Xiaoqing Wei (Vice President) were elected to the Board on that same date. In addition, the Board has strengthened its composition with the election of Donny Dong Yu on August 11, 2019, to serve as an independent director of the Company’s Board.

Mr. Donny Yu, a CPA, based in Shanghai, serves as Vice President of Finance, APAC Region for Nexans Cable (China) Co., Limited, a regional subsidiary of Nexans S.A. a global player in the cable and optical fiber industry and second largest global manufacturer of cables. Mr. Yu through his deep experience working in the APAC region, joins ChinaCache’s Board with deep leadership experience across commercial, operational and compliance functions.

About ChinaCache International Holdings Ltd.

ChinaCache International Holdings Ltd. is a leading total solutions provider of Internet content and application delivery services in China. Through its distinctive 3-tier Internet ecosystem, ChinaCache also offers Internet data center management, Internet Exchange operations and cloud hosting services.  ChinaCache’s network is interconnected with the incumbent carriers as well as other local Internet & broadband service providers in China.  With two decades of experience in developing customized solutions for China’s complex Internet infrastructure, ChinaCache has helped enterprises, SME clients, government agencies and other organizations enhance the reliability and scalability of their online services and applications.  To learn more about ChinaCache and how it has improved end-user experience, please visit ir.chinacache.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. ChinaCache may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company’s goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company’s expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and ChinaCache undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries please contact:

Investor Relations Department
ChinaCache International Holdings
 Tel: +86 10 6408-5686
 Email: ir@chinacache.com

 

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IT Industry

ETC Announces Fiscal 2020 First Quarter Results

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SOUTHAMPTON, Pa., Aug. 16, 2019 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the fourteen week period ended May 31, 2019 (the “2020 first quarter”).

Fiscal 2020 First Quarter Results of Operations

Net (Loss) Income Attributable to ETC

Net loss attributable to ETC was $0.5 million, or $0.04 diluted loss per share, in the 2020 first quarter, compared to net income attributable to ETC of $0.6 million during the 2019 first quarter, equating to $0.03 diluted earnings per share. The $1.1 million variance is due to the combined effect of a $1.4 million decrease in gross profit and a $0.1 million increase in other expense, net, offset, in part, by a $0.3 million decrease in operating expenses and a $0.1 million decrease in interest expense.

Net Sales

Net sales in the 2020 first quarter were $10.8 million, an increase of $0.1 million, or 1.2%, compared to 2019 first quarter net sales of $10.7 million. The increase reflects higher International sales of ethylene oxide sterilizers, offset, in part, by a decrease in Domestic sales within our CIS segment.

Gross Profit

Gross profit for the 2020 first quarter was $2.5 million compared to $3.9 million in the 2019 first quarter, a decrease of $1.4 million, or 36.3%. The decrease in gross profit was due to a lower blended gross profit margin as a percentage of net sales, which decreased to 22.9% for the 2020 first quarter compared to 36.4% for the 2019 first quarter. The decrease in gross profit margin as a percentage of net sales was due primarily to the completion and delivery of two (2) significant International ATS contracts during fiscal 2019, which resulted in the Company entering fiscal 2020 with a lower backlog comprised of contracts with comparably lower estimated profit booking rates.

Operating Expenses

Operating expenses, including sales and marketing, general and administrative, and research and development, for the 2020 first quarter were $2.6 million, a decrease of $0.3 million, or 11.4%, compared to $2.9 million for the 2019 first quarter. The decrease in operating expenses was due primarily to the receipt of payments received for research grants, which are recorded as a reduction to research and development costs.

Interest Expense, Net

Interest expense, net for the 2020 first quarter was $0.2 million compared to $0.3 million in the 2019 first quarter, a decrease of $0.1 million due to a lower level of bank borrowing.

Other Expense, Net

Other expense, net for the 2020 first quarter was $0.2 million compared to $0.1 million in the 2019 first quarter, an increase of $0.1 million due to higher letter of credit fees.

Cash Flows from Operating, Investing, and Financing Activities

During the 2020 first quarter, as a result of an increase in accounts receivable and a decrease in contract liabilities and accrued taxes, offset, in part by a decrease in contract assets, the Company used $6.7 million of cash for operating activities compared to $2.1 million during the 2019 first quarter. Under Accounting Standards Update (“ASU”) No. 2014-09, Revenue from Contracts with Customers (Topic 606), commonly referred to as Accounting Standards Codification (“ASC”) 606, these accounts, other than accrued taxes, represent the timing differences of spending on production activities versus the billing and collecting of customer payments.

Cash used for investing activities primarily relates to funds used for capital expenditures of equipment and software development. The Company’s investing activities used $0.1 million in both the 2020 first quarter and the 2019 first quarter.

The Company’s financing activities provided $5.6 million of cash in the 2020 first quarter from borrowings under the Company’s credit facility compared to $2.6 million during the 2019 first quarter.

About ETC

ETC was incorporated in 1969 in Pennsylvania. For five decades, we have provided our customers with products, services, and support. Innovation, continuous technological improvement and enhancement, and product quality are core values that are critical to our success. We are a significant supplier and innovator in the following areas: (i) software driven products and services used to create and monitor the physiological effects of flight, including high performance jet tactical flight simulation, fixed and rotary wing upset recovery and spatial disorientation, and both suborbital and orbital commercial human spaceflight, collectively, Aircrew Training Systems (“ATS”); (ii) altitude (hypobaric) chambers; (iii) hyperbaric chambers for multiple persons (multiplace chambers); (iv) Advanced Disaster Management Simulators (“ADMS”); (v) steam and gas (ethylene oxide) sterilizers; (vi) environmental testing and simulation systems (“ETSS”); and (vii) hyperbaric (100% oxygen) chambers for one person (monoplace chambers).

We operate in two primary business segments, Aerospace Solutions (“Aerospace”) and Commercial/ Industrial Systems (“CIS”). Aerospace encompasses the design, manufacture, and sale of: (i) ATS products; (ii) altitude (hypobaric) chambers; (iii) hyperbaric chambers for multiple persons (multiplace chambers); and (iv) ADMS, as well as integrated logistics support (“ILS”) for customers who purchase these products or similar products manufactured by other parties. These products and services provide customers with an offering of comprehensive solutions for improved readiness and reduced operational costs. Sales of our Aerospace products are made principally to U.S. and foreign government agencies and to civil aviation organizations. CIS encompasses the design, manufacture, and sale of: (i) steam and gas (ethylene oxide) sterilizers; (ii) ETSS; and (iii) hyperbaric (100% oxygen) chambers for one person (monoplace chambers), as well as parts and service support for customers who purchase these products or similar products manufactured by other parties. Sales of our CIS products are made principally to the healthcare, pharmaceutical, and automotive industries.

ETC-PZL Aerospace Industries Sp. z o.o. (“ETC-PZL”), our 95%-owned subsidiary in Warsaw, Poland, is currently our only operating subsidiary. ETC-PZL manufactures certain simulators and provides software to support products manufactured domestically within our Aerospace segment.

ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/.

Forward-looking Statements

This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements.

Contact: Mark Prudenti, CFO
Phone: (215) 355-9100 x1531
E-mail: mprudenti@etcusa.com

– Financial Tables Follow –

Table A              
ENVIRONMENTAL TECTONICS CORPORATION
SUMMARY TABLE OF RESULTS
(in thousands, except per share information)
               
  Fourteen
weeks ended
Thirteen
weeks ended
  Variance
  31-May-19   25-May-18   $   %
Net sales $   10,816   $   10,691   $    125   1.2
Cost of goods sold   8,336     6,795     1,541   22.7
Gross profit   2,480     3,896     (1,416)   -36.3
Gross profit margin %   22.9%     36.4%     -13.5%   -37.1%
               
Operating expenses   2,586     2,918     (332)   -11.4
Operating (loss) income   (106)     978     (1,084)    
Operating margin %   -1.0%     9.1%     -10.1%    
               
Interest expense, net   178     250     (72)   -28.8
Other expense, net   150     76     74   97.4
(Loss) income before income taxes   (434)     652     (1,086)    
Pre-tax margin %   -4.0%     6.1%     -10.1%    
               
Income tax provision   20     28     (8)   -28.6
Net (loss) income   (454)     624     (1,078)    
(Income) loss attributable to non-controlling interest   (26)     2     (28)    
Net (loss) income attributable to ETC   (480)     626     (1,106)    
Preferred Stock dividends   (130)     (121)     (9)   7.4
(Loss) income attributable to common and
participating shareholders
$    (610)   $    505   $  (1,115)    
               
Per share information:              
Basic earnings (loss) per common and participating share:              
Distributed earnings per share:              
Common $   $   $    
Preferred $ 0.02   $ 0.02   $   0.0
Undistributed (loss) earnings per share:              
Common $ (0.04)   $ 0.03   $ (0.07)    
Preferred $ (0.04)   $ 0.03   $ (0.07)    
               
Diluted (loss) earnings per share $   (0.04)   $   0.03   $   (0.07)    
               
Total basic weighted average common and participating shares   15,569     15,553        
               
Total diluted weighted average shares   15,584     15,557        


Table B

ENVIRONMENTAL TECTONICS CORPORATION
OTHER SELECTED FINANCIAL HIGHLIGHTS
(amounts in thousands)
         
  Fourteen
weeks ended
31-May-19
  Thirteen
weeks ended
25-May-18
 
EBITDA * $  39   $    1,215  
         
  As of  
  31-May-19   22-Feb-19  
Working capital $  18,918   $    13,673  
         
Total shareholders’ equity $  11,973   $  12,537  

* In addition to disclosing financial results that are determined in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), we also disclose Earnings Before Income Taxes, Depreciation, and Amortization (“EBITDA”). The presentation of a non-U.S. GAAP financial measure such as EBITDA is intended to enhance the usefulness of financial information by providing a measure that management uses internally to evaluate our expenses and operating performance and factors into several of our financial covenant calculations.

A reader may find this item important in evaluating our performance. Management compensates for the limitations of using non-U.S. GAAP financial measures by using them only to supplement our U.S. GAAP results to provide a more complete understanding of the factors and trends affecting our business.

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