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Re: player1234 post# 68156

Thursday, 01/07/2021 12:00:42 PM

Thursday, January 07, 2021 12:00:42 PM

Post# of 70418
Can we assume that the cost of laying off employees is a "one-off?"

Adjusted EBITDA loss was $57.9 million in Q1 2021, which includes restructuring payments such as contract and employee termination costs of $47.4 million.



The adjusted EBITDA loss for Q1 2021 was $57.9 million as compared to $32.3 million in the prior quarter. I see where you got the $10.5M from (in the company management discussion) but adjusting an already adjusted non-gaap number is quite a bit of creative accounting.


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