AMICAS Reports Financial Results for the Fourth Fiscal Quarter and Year Ended Decembe...(s and Exchange Commission (SEC) includin...),Health

Date:2/25/2009

s and Exchange Commission (SEC), including the section entitled "Risk Factors" of our most recent annual report on Form 10-K, and subsequent quarterly reports on Form 10-Q. All forward-looking statements in this release are qualified by these cautionary statements and are made only as of the date of this release. AMICAS is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events, or otherwise. The financial statements and information as of, and for the period ended, December 31, 2008, contained in this press release are subject to review by the Company's independent registered public accounting firm.

Non-GAAP financial measures

Adjusted EBITDA refers to net income, adjusted for amortization, depreciation, impairment, interest, taxes, severance, and stock compensation expense. A reconciliation of net loss/income as determined under GAAP to adjusted EBITDA is included below. Non-GAAP operating loss refers to operating loss less impairment charges. Non-GAAP net loss refers to net loss less impairment charges.

Management believes that its adjusted EBITDA measurement, non-GAAP operating loss, and non-GAAP net loss, when viewed in addition to the Company's reported GAAP results, provides an additional meaningful measure of operating performance, enabling investors to more thoroughly evaluate current performance in comparison to past performance. This information will necessarily differ from comparable information that may be provided by other companies and should not be considered in isolation or as an alternative to the Company's operating and other financial information determined under GAAP. A reconciliation of net loss to adjusted EBITDA and net loss to non-GAAP loss and non-GAAP operating is included below.

Bookings are defined as contractual commitments from customers for l
'/>"/>

SOURCE AMICAS, Inc. Copyright©2009 PR Newswire. All rights reserved

0 GOOD

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Related medicine news :

1. AMICAS Announces Definitive Agreement to Acquire Emageon Inc.
2. AMICAS Mourns the Passing of Board Member Dr. Phillip Berman
3. AMICAS Schedules Fourth Quarter and 2008 Year End Earnings Results Conference Call
4. AMICAS Showcases Comprehensive Image and Information Management Solution Suite at RSNA
5. Radiology Associates, P.A. Chooses AMICAS
6. AMICAS Reports Financial Results for the Third Quarter Ended September 30, 2008
7. Medical Diagnostic Imaging Group Chooses AMICAS
8. AMICAS to Present at Thomas Weisel Partners Healthcare Conference 2008
9. AMICAS Schedules Second Quarter Earnings Call
10. AMICAS Focuses on the Future of Radiology IT at SIIM 2008
11. AMICAS Schedules First Quarter 2008 Earnings Call