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Oclaro Reports Positive Adjusted EBITDA in First Post-Merger Quarter
Date:7/23/2009

nts - 3,705 3,829 (2,882) Gain on sale of property and equipment (4) (16) (12) (2,562) Impairment of goodwill and other intangible assets - 1,252 9,133 - --- ----- ----- --- Total operating expenses 24,142 17,910 81,309 70,655 ------ ------ ------ ------ Operating loss (7,561) (9,050) (34,811) (29,894) Other income (expense): Other income (expense) 15 (5) (685) - Interest income 53 78 575 1,261 Interest expense (110) (109) (543) (682) Foreign currency translation gain (loss), net (4,670) (598) 11,094 6,059 ------ ---- ------ ----- Total other income (expense) (4,712) (634) 10,441 6,638 ------ ---- ------ ----- Loss from continuing operations before income taxes (12,273) (9,684) (24,370) (23,256) Income tax provision 1,406 19 1,399 5 ----- --- ----- --- Loss from continuing operations (13,679) (9,703) (25,769) (23,261) Loss from discontinued operations, net of taxes (928) (3,578) (6,387) (179) ---- ------ ------ ---- Net loss $(14,607) $(13,281) $(32,156) $(23,440) ======== ======== ======== ======== Basic and diluted net loss
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SOURCE Oclaro, Inc.
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