The Company will host a conference call at 10:00 a.m. Eastern Time on May 14, 2010, to discuss its first quarter 2010 results.
To participate in the live conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: (877) 407-5374. International callers should dial +1 (702) 894-2288. The conference pass code is 74617871.
For those who are unable to participate on the live conference call, a replay will be available for fourteen days. To access the replay, please dial (800) 642-1687. International callers should dial +1 (706) 645-9291. The replay pass code is 74617871.
Use of Adjusted Financial Measures
GAAP results for the three months ended March 31, 2010 include a non-cash
change in fair value of derivative liabilities. To supplement the Company's
condensed consolidated financial statements presented on a GAAP basis, the
Company has provided adjusted financial information excluding the impact of
this item in this release. It is a departure of U.S. GAAP; however, the
Company's management believes that this adjusted measure provides investors
with a better understanding of how the results relate to the Company's
historical performance. A reconciliation of the adjustments to GAAP results
appears in the table accompanying this press release. This additional adjusted
information is not meant to be considered in isolation or as a substitute
|SOURCE Yongye International, Inc.|
Copyright©2010 PR Newswire.
All rights reserved