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

per share: Net loss per share from continuing operations $(0.09) $(0.10) $(0.22) $(0.25) Net loss per share from discontinued operations - (0.04) (0.06) - --- ----- ----- --- Net loss per share $(0.09) $(0.13) $(0.28) $(0.25) ====== ====== ====== ====== Shares used in computing net loss per share: Basic and diluted 158,537 99,604 114,844 93,099 Stock-based compensation included in the following: Cost of revenues 279 265 1,168 2,130 Research and development 238 216 888 1,938 Selling, general and administrative 525 490 2,017 4,266 Loss from discontinued operations, net of tax 91 91 364 477 --- --- --- --- Total 1,133 1,062 4,436 8,812 ===== ===== ===== ===== OCLARO, INC. RECONCILIATION OF GAAP FINANCIAL MEASURES TO NON-GAAP FINANCIAL MEASURES (unaudited, in thousands, except per share amounts) Three Months Ended Twelve Months Ended ------------------- -------------------- June 27, March 28, June 27, June 28, 2009 2009 2009 2008 --------- ---------- --------- --------- Reconciliation of GAAP revenues to non-GAAP revenues: GAAP revenues $66,877 $41,241 $210,923 $202,663 Reven
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SOURCE Oclaro, Inc.
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