Post by
Hoodoos on Apr 09, 2013 12:18pm
Q2 results
Q2 results are not as strong as hoped. Q2 2013 EBITDA of $270k would be $405k if $135k in legal fees for the acquisitions are factored out, but that is flat with Q2 2012. Flatness comes from new salaries and wages from the acquisitions, which may come down as they are integrated. The financial significance of the cancellation of the XspanServ acquisition (500 customers) and announcement of the operating deal with Chief Mtn Co-op (1,700 customers) isn't too clear from the press releases.