Arcosa Announces Agreement to Acquire Ameron Pole Products from NOV Inc. - Seite 3
Reconciliation of Ameron Pro Forma Adjusted EBITDA
(in millions)
(unaudited)
“EBITDA” is defined as net income plus interest, taxes, depreciation, depletion, and amortization. “Pro-Forma Adjusted EBITDA” is defined as Ameron's EBITDA plus pro forma adjustments for non-recurring items. GAAP does not define Pro-Forma Adjusted EBITDA and it should not be considered as an alternative to earnings measures defined by GAAP, including net income. We believe Pro-Forma Adjusted EBITDA assists investors in comparing a company's performance on a consistent basis without regard to depreciation, depletion, amortization, and other items which can vary significantly depending on many factors.
|
Year Ended
December 31, 2023
Net income, before intercompany adjustments
$
14.9
Add:
Interest expense, net
—
Provision for income taxes(1)
—
Depreciation and amortization expense
4.9
EBITDA
19.8
Add:
Inventory revaluation
(0.4
)
Other non-recurring
0.4
Pro Forma Adjusted EBITDA
$
19.8
(1) Pass through entity and not subject to federal income taxes
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View source version on businesswire.com: https://www.businesswire.com/news/home/20240311388934/en/
The Arcosa Stock at the time of publication of the news with a fall of -1,27 % to 77,50USD on Tradegate stock exchange (08. März 2024, 22:26 Uhr).