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Streamline Health Solutions Reports Q3 Results
Date:12/8/2010

non-GAAP measures in order to (a) understand and evaluate current operating performance and future prospects in the same manner as management does and (b) compare in a consistent manner the company's current financial results with past financial results. The primary limitations associated with the use of non-GAAP financial measures are that these measures may not be directly comparable to the amounts reported by other companies and they do not include all items of income and expense that affect operations. The Company's management compensates for these limitations by considering the company's financial results and outlook as determined in accordance with GAAP and by providing a detailed reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures in the tables attached to this press release.Reconciliation of operating profit (loss) to non-GAAP adjusted EBITDA (a), unaudited.Three Months EndedOctober 31,20102009Operating profit (loss)

$

144,319

$

(285,021)EBITDA adjustments Stock-based compensation171,38274,083Amortization of capitalized software development costs646,683519,754Depreciation and amortization - other195,389180,825Foreign currency (gain) loss13,159(1,387)Adjusted EBITDA

$

1,170,932

$

488,254Nine Months EndedOctober 31,20102009Operating profit (loss)

$

(1,084,455)

$

(274,515)EBITDA adjustments Stock-based compensation 414,486204,259Amortization of capitalized software development costs1,900,6641,468,118Depreciation and amortization - other650,114571,114Foreign currency (gain) loss(29,627)(24,697)Adjusted EBITDA

$

1,851,182

$

1,944,279(a)

Earnings Before Interest, Tax, Depreciation, Amortization, Stock-based compensation, and Foreign currency exchange gain or lossReconciliation of diluted net earnings per common share to non-GAAP diluted earnings per common shareThree Months EndedOctober 31,20102009Dilut
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SOURCE Streamline Health Solutions, Inc.
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