Global Cash Access Announces Fourth Quarter and Full Year 2007 … - Business Wire (press release)- About: Cash Advance
Thursday, February 28th, 2008 at 9:15 pm
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Operating Income (including non-cash compensation expense) in the fourth quarter of 2007 was $11. Same store revenues for cash advance and ATM surcharge increased in the fourth quarter of 2007. The Company believes that Adjusted EBITDA, EBITDA (which excludes stock-based compensation), Cash Earnings and Adjusted Cash Earnings are widely-referenced financial measures in the financial markets. The Company believes that referencing Adjusted EBITDA, EBITDA (which excludes stock-based compensation), Cash Earnings and Adjusted Cash Earnings and identifying unusual or non-recurring items is helpful to investors. read more
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