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Exponent Reports Third Quarter 2008 Results

lusion of such forward-looking information should not be regarded as a representation by the Company or any other person that the future events, plans, or expectations contemplated by the Company will be achieved. The Company undertakes no obligation to release publicly any updates or revisions to any such forward-looking statements.

(1) EBITDAS is a non-GAAP financial measure defined by the Company as

net income before income taxes, interest income, depreciation and

amortization, and stock-based compensation. The Company regards

EBITDAS as a useful measure of operating performance and cash flow

to complement operating income, net income and other GAAP financial

performance measures. Additionally, management believes that

EBITDAS provides meaningful comparisons of past, present and future

operating results. Generally, a non-GAAP financial measure is a

numerical measure of a company's performance, financial position or

cash flow that either excludes or includes amounts that are not

normally excluded or included in the most directly comparable

measure calculated and presented in accordance with GAAP. This

measure, however, should be considered in addition to, and not as a

substitute or superior to, operating income, cash flows, or other

measures of financial performance prepared in accordance with GAAP.

A reconciliation of EBITDAS to GAAP is set forth below.



For the Quarters Ended September 26, 2008 and September 28, 2007

(in thousands, except per share data)

Quarter Ended Nine Months Ended

September September September September


SOURCE Exponent, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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