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Multiband Announces All-Time Record Quarterly Results

Conference Call Information

The Company will hold a conference call to discuss the results. The conference call will take place on Wednesday, November 9, 2011, at 4:30 P.M. Eastern Standard Time. Anyone interested in participating should call 1-877-941-4775 if calling within the United States or 1-480-629-9761 if calling internationally. There will be a playback available until November 16, 2011. To listen to the playback, please call 1-877-870-5176 if calling within the United States or 1-858-384-5517 if calling internationally. Please use pin number 4487010 for the replay.

The call will also be accompanied live by webcast over the Internet and accessible at http://www.multibandusa.com/home/default.asp.

 
EBITDA Computation (in thousands)
                         
3Q11 3Q10
(i) Net Income $3,679 $1,168
(ii)

Non Operating

Gains/Losses

      208       239
(iii) Adjusted Net Income (Loss) 3,887 1,407

(Sum of (i) minus (ii))

(iv) Interest Expense 1,038 1,026
(v) Depreciation & Amortization 1,566 2,027
(vi) Taxes       2,869       1,573
(vii) EBITDA       $9,360       $6,033

(sum of (iii) +(iv) + (v) + (vi))

 
Net Income per Share (in thousands)
3Q11 3Q10
(i) Net Income       $3,679       $1,168
(ii) Net Income per Common Share       $0.17       $0.12
(iii) Weighted Average Common Shares Outstanding - Basic       21,595       10,084
((i) / (iii) = (ii))
 

NON-GAAP Financial Measures

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