Second quarter 2010 GAAP net loss totaled $813,000, or $(0.01) per diluted share, compared to a GAAP net loss for the second quarter of 2009 of $1.3 million, or $(0.02) per diluted share. Second quarter 2010 non-GAAP adjusted EBITDA (as defined below) loss was $550,000, or $(0.01) per diluted share, compared to a non-GAAP adjusted EBITDA loss of $957,000, or $(0.01) per diluted share, for the second quarter of 2009.deltathree defines adjusted EBITDA as earnings before stock-based compensation, interest, income taxes, depreciation and amortization. deltathree uses adjusted EBITDA as a measure of the company's operating trends. The adjusted EBITDA numbers presented may not be comparable to similarly titled measures reported by other companies. Consistent with Regulation G under the U.S. federal securities laws, the non-GAAP measures in this press release have been reconciled to the nearest GAAP measure, and this reconciliation is located under the heading "Reconciliation of Non-GAAP Financial Information to GAAP" following the Condensed Consolidated Statements of Cash Flows included in this press release.
Deltathree Reports Second Quarter 2010 Financial Results
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