non-GAAP earnings per share measures that exclude the impact of all
stock-based compensation expenses, and amounts recorded for
revaluation of preferred stock warrant liabilities, all net of income
taxes. The calculation of non-GAAP net earnings per share in the
periods ended September 30, 2007 and 2006 also includes adjustments
for dilutive potential common stock and assumes the conversion into
common stock of the Company's shares of convertible preferred stock,
which automatically converted into shares of common stock upon the
Company's initial public offering in November 2006. The Company
believes that these non-GAAP financial measures provide investors with
insight into what is used by management to conduct a more meaningful
and consistent comparison of the Company's ongoing operating results
and trends, compared with historical results. This presentation is
also consistent with management's internal use of the measure, which
it uses to measure the performance of ongoing operating results,
against prior periods and against our internally developed targets. A
table reconciling the GAAP financial measures to the non-GAAP measures
is included in the condensed consolidated financial information
attached to this release.
The conference call is scheduled to begin at 1:30 p.m. PT (4:30 p.m.
EST) on November 6, 2007. The call will be broadcast live over the Internet
hosted at the Investor Relations section of the Company's website at
http://www.thermage.com. In addition, you may call to listen to the live
broadcast: 800-218-0713 for domestic participants and 303-262-2125 for
international participants. Participating in the call will be Stephen J.
Fanning, Chairman, Presi
|SOURCE Thermage, Inc.|
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