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This "Third Quarter 2009 Results" has me confused.
http://finance.yahoo.com/news/Atlas-Pipe... 1)How did they get from $29.3 mil of Adj EBITDA to $12.3 million net loss? From: "•Adjusted earnings before interest, income taxes, depreciation and amortization (“adjusted EBITDA”), a non-GAAP measure, was $29.3 million in the third quarter 2009" To: "•Net loss was $12.3 million ..." 2)Where did they bury the Hedge Losses? Mitch Rating :
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