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Re: tenenbaum post# 38590

Tuesday, 05/04/2010 1:30:54 AM

Tuesday, May 04, 2010 1:30:54 AM

Post# of 94785
Hello tenenbaum.. Thanks for the comment..

This is what i have from the press release:

Full-year net income improved 43% to $16.8 million, or $0.88 per
diluted share, compared with net income of $11.7 million, or $0.70 per
share in 2008. Net income for 2009 included an $8.8 million non-cash
charge for the change in fair value of warrants issued to investors in
conjunction with the Company's issuance of convertible Preferred Stock
in October 2008. Excluding the non-cash charge, Non-GAAP net income
for the year was $25.6 million, or $1.34 per diluted share
.

Also, as i understand it the financing will boost 2011 numbers not 2010.

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