Exide Technologies Reports Operating Income Up 36% For Its Fiscal 2011 Third Quarter
The Company also defines Free Cash Flow as cash from operating activities less cash from investing activities, both as measured in accordance with Generally Accepted Accounting Principles. We believe that Free Cash Flow provides useful information about the cash generated by our core operations after capital expenditures and the sale of non-core assets.
All of the foregoing non-GAAP financial measures should be used in addition to, butnot in isolation or asa substitute for, the analysis provided in the Company's measures of financial performance prepared in conformity with U.S. GAAP. The non-GAAP financial measures should be read only in conjunction with the Company's condensed consolidated financial statements prepared in accordance with GAAP.
The Company previously announced that it will hold a conference call to discuss its results on Tuesday, February 8, 2011 at 9:00 a.m. Eastern Time.Conference call details: Dial-in number for US/Canada: 877-296-1542 Dial-in number for international callers: 706-679-5918 Conference ID: 37698470 A telephonic replay of the conference call is available: Dates: from 12:00 p.m. ET February 8, 2011 to 11:59 p.m. ET February 22, 2011 Domestic dial-in: 800-642-1687 International dial-in: 706-645-9291 Passcode: 37698470 About Exide Technologies Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications. Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.
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