That's right, The Hondomeister! EBITDA will come first, and then there will likely be green quarters before profit becomes sustained.
Since the distortionary accounting and financing effects on company earnings do not factor into EBITDA, it is a good way of comparing companies within and across industries. This measure is also of interest to a company's creditors, since EBITDA is essentially the income that a company has free for interest payments http://www.investorwords.com/1632/EBITDA.html
EBITDA is a significant financial signal to the market and the street, and great for CPST and its share holders.
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