making purchases through the Web sites of drugstore.com and its
Investors, analysts, and other interested parties are invited to join the drugstore.com, inc. quarterly conference call on Monday, October 22, 2007 at 5:00 p.m. ET (2:00 p.m. PT). To participate, callers should dial 800-218-8862 (international callers should dial 303-262-2141) five minutes beforehand. Investors may also listen to the conference call live at http://investor.drugstore.com/, by clicking on the "audio" hyperlink. A replay of the call will be available through Wednesday, October 24, 2007 at 800-405-2236 (enter pass code 11098778#) or internationally at 303-590-3000 (enter pass code 11098778#) beginning two hours after completion of the call.
To supplement the consolidated financial statements presented in
accordance with GAAP, drugstore.com, inc. uses the non-GAAP measure of
adjusted EBITDA, defined as earnings before interest, taxes, depreciation,
and amortization of intangible assets and non-cash marketing expenses,
adjusted to exclude the impact of stock-based compensation expense. This
non-GAAP measure is provided to enhance the user's overall understanding of
the company's current financial performance. Management believes that
adjusted EBITDA, as defined, provides useful information to the company and
to investors by excluding certain items that may not be indicative of the
company's core operating results. In addition, because drugstore.com, inc.
has historically provided adjusted EBITDA measures to investors, management
believes that including adjusted EBITDA measures provides consistency in
the company's financial reporting. However, adjusted EBITDA should not be
considered in isolation, or as a substitute for, or as superior to, net
income/loss, cash flows, or other consolidated l
|SOURCE drugstore.com, inc.|
Copyright©2007 PR Newswire.
All rights reserved