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eDiets.com(R) Announces Q3 2008 Results
Date:11/13/2008

Interest income, net 63 (63) 11 (148)

Interest expense on

secured notes 542 126 1,382 126

Amortization of secured

notes 321 62 836 62

Income tax provision 19 55 20 197

Depreciation 437 312 1,127 759

Amortization of

intangibles 176 303 705 908

Stock-based

compensation 288 463 1,046 1,167

Loss on disposition of

fixed assets - 154 1 176

Bad debt expense (7) (1) 82 11

Severance charges 4 (12) 39 74

Adjusted EBITDA $(1,356) $(1,096) $(6,204) $(1,865)

Safe Harbor Statement

Statements which are not historical in nature are forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties which could cause the actual results, performance or achievements to be materially different from those which may be expressed or implied by such statements. These risks and uncertainties include, among others, that we will not be able to obtain sufficient and/or acceptable outside financing (when and if required); changes in general economic and business conditions; changes in product acceptance by consumers; a decline in the effectiveness of sales and marketing efforts; loss of market share and pressure on prices resulting from competition; significant investments in our technology platform, marketing plans, and product development to remain competitive with other online providers of healthy living and weight loss plans, many of which may be found to offer superior and more varied features than our
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SOURCE eDiets.com, Inc.
Copyright©2008 PR Newswire.
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