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Access Integrated Technologies, Inc.
Access Integrated Technologies, Inc. Announces Fiscal 2009 First Quarter Results
August 22nd, 2008
Access Integrated Technologies, Inc. ("AccessIT" or the "Company") (NASDAQ:AIXD) reported a 13% increase in revenues, to $20.6 million for the fiscal 2009 first quarter ended June 30, 2008, versus the year-ago period. The Company posted an Adjusted EBITDA(1) (defined below) of $10.2 million or $0.38 per share, an improvement from both the fiscal 2008 first quarter of $6.1 million and the fiscal 2008 March quarter of $8.9 million. Net loss of $4.3 million or $0.16 per share was also an improvement as compared to the year-ago quarter of $6.8 million, or $0.28 per share respectively. The net loss includes non-cash expenses for depreciation, amortization of intangible assets, non-cash...
Source: Health Business Week (2008-08-22)
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