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black_slk320

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black_slk320

Re: donwillems post# 58005

Wednesday, 08/10/2016 8:16:12 AM

Wednesday, August 10, 2016 8:16:12 AM

Post# of 63559
The $1.8M charge for stock based compensation because they issued shares for meeting performace goals took a big bite out of their earnings/share. They would have reported $0.13/share without this non-cash charge. So GAAP was only $0.03/share, but $0.13 non-GAAP.

I doubt most investors will realize this and the headlines will probably say that SUNW missed by $0.02/share.
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