Neebo, Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended September 30, 2014
For the six months, the company reported revenues, net of returns of $202,103,000 compared to $213,763,000 a year ago. Income from operations was $2,528,000 compared to $11,153,000 a year ago. Loss from continuing operations before income taxes was $10,365,000 compared to $16,706,000 a year ago. Loss from continuing operations was $10,431,000 compared to $10,502,000 a year ago. Net loss was $11,246,000 compared to $10,486,000 a year ago. EBITDA was $9,409,000 compared to $18,796,000 a year ago. Adjusted EBITDA was $14,108,000 compared to $23,587,000 a year ago. Net cash flows used in operating activities was $26,784,000 compared to net cash flows from operating activities of $16,305,000 a year ago.