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Re: chrich12 post# 58308

Friday, 11/12/2010 2:49:09 AM

Friday, November 12, 2010 2:49:09 AM

Post# of 94785
CELM's confusing guidance

9M net income: $9,775,204
Q4 guidance: $5,500,000
---
FY net income: $15.275 million
FY guidance: $14.9-15.3 million
---
avg fd shares: 20.5 million
---
FY EPS (GAAP): $0.746
FY EPS guidance: $0.74-0.75

Now there's a typo in the press release:

"Management expects revenue for fiscal year 2010 to be in the range of $117 million to $119 million and expects net income for fiscal 2010 to be in the range of $14.9 million and $15.3 million, including the non-cash stock-based compensation expense of $28.7 million for 2010 full year."

That should be $2.87 million ($2.45 million in the first nine months plus $0.4 million in the fourth quarter)

So:
FY net income: $15.275 million
+ non cash: $2.87 million
---
FY adj. net income: $18.145 million
FY EPS (non-GAAP): $0.885

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