Adjusted EBITDA as defined equates to earnings (loss) from operations plus stock-based compensation expense, acquisition costs, restructuring costs, integration costs, impairment, and amortization. The reconciliation between our GAAP and non-GAAP results is provided in the accompanying schedules.
The Company provides the following guidance for continuing operations for the third quarter of 2013:
In the third quarter of 2013, revenue is expected to increase sequentially and on a year-over-year basis. Gross margin and operating expenses are expected to remain similar to second quarter levels.
|Q3 2013 Guidance|| Consolidated
|Revenue||$111.0 to $115.0 million|
|Earnings from operations||$2.2 to $3.3 million|
|Net earnings||$1.5 to $2.3 million|
|Earnings per share||$0.05 to $0.07 per share|