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TeamStaff Reports Fourth Quarter and Fiscal 2007 Results; Posts Fourth Quarter Income From Operations
Date:1/15/2008

financial statements. EBITDA, a non-GAAP financial measure, is defined as earnings before interest, income taxes, depreciation and amortization. EBIT is defined as earnings before interest and taxes. Items excluded from EBITDA and EBIT are significant components in understanding and assessing financial performance. The Company believes it is useful for management and investors to review both GAAP information and non- GAAP financial measures to have a better understanding of the overall performance of the Company's business and trends relating to its financial condition and results of operations. Management believes that this information provides greater insight into our Company's underlying operating performance that facilitates a more meaningful comparison of its financial results in different reporting periods. The Company has chosen to show the six month comparison of fiscal 2007 results to highlight the progress the Company has made in its turnaround efforts.


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SOURCE TeamStaff, Inc.
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