PNI Digital Media Announces Fiscal 2011 Year-End and Fourth Quarter Financial Results
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/14/11 -- PNI Digital Media (TSX: PN)(OTCBB: PNDMF) ("PNI" or the "Company"), the leading innovator in digital media solutions for retailers, announced financial results for the fiscal year ending September 30th, 2011.
Fiscal 2011 Full Year Financial and Operational Highlights:
Subsequent Events
"In fiscal 2011, the Company made a substantial strategic investment in our future," said Kyle Hall, Chief Executive Officer of PNI Digital Media. "We are focused on where we are taking the Company and look forward to reaping the benefits in 2012."
Fiscal 2011 Fourth Quarter Financial and Operational Highlights:
Conference Call
The Company will host a conference call on Wednesday, December 14th, 2011 at 4:30pm ET (1:30pm PT) to discuss the Company's fiscal 2011 year-end and fourth quarter financial results. Mr. Kyle Hall, Chief Executive Officer and Mr. Simon Bodymore, Chief Financial Officer will host the call. To join the call, please dial (888) 241-0394 (US/Canada) or (647) 427-3413 (International) and quote conference ID no. 26335045. Please call 10 minutes prior to the scheduled start time. PNI Digital Media will also provide a live webcast and slide presentation, available on the Company's website at . The presentation will be available for download for dial-in callers.
Notes:
1 - Non-GAAP Measures
The Company continues to provide all information required in accordance with GAAP, but believes evaluating its ongoing operating results may not be as useful if an investor is limited to reviewing only GAAP financial measures. Accordingly, the Company uses non-GAAP financial information to evaluate its ongoing operations and for internal planning and forecasting purposes. The primary non-GAAP financial measures utilized by the Company include adjusted EBITDA. Adjusted EBITDA is defined as earnings (loss) before interest expense, taxes, depreciation, amortization, unrealized foreign currency gains and losses and stock-based compensation.
To supplement the Company's financial statements presented on a GAAP basis, we believe that these non-GAAP measures provide useful information about the Company's core operating results and thus are appropriate to enhance the overall understanding of the Company's past financial performance and its prospects for the future. These adjustments to the Company's GAAP results are made with the intent of providing both management and investors a more complete understanding of the Company's underlying operational results and trends and performance. Management uses these non-GAAP measures to evaluate the Company's financial results, develop budgets, manage expenditures, and determine employee compensation. The presentation of additional information is not meant to be considered in isolation or as a substitute for or superior to net (loss) earnings or net (loss) earnings per share determined in accordance with GAAP.
Currency:
All amounts are expressed in Canadian dollars. This notice is qualified in its entirety by reference to the Company's financial statements and accompanying Management Discussion and Analysis, which are accessible on the SEC'S website at and on SEDAR at .
About PNI Digital Media - Founded in 1995, PNI Digital Media operates the PNI Digital Media Platform, which provides transaction processing and order routing services for major retailers. The PNI Digital Media Platform connects consumer-ordered digital content, whether from online, in-store kiosks, desktop software or mobile phones, with retailers that have on-demand manufacturing capabilities for the production of personalized products such as photos, photo books and calendars, business cards and stationery. PNI Digital Media successfully generates millions of transactions each year for retailers and their thousands of locations worldwide.
Further information on our company can be found at .
The statements that are not historical facts contained in this release are forward-looking statements that involve risks and uncertainties. PNI Digital Media's actual results could differ materially from those expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, changes in technology, employee retention, inability to deliver on contracts, failure of customers to continue marketing the online solution, competition, general economic conditions, foreign exchange and other risks detailed in the Company's annual report and other filings. Additional information related to the Company can be found on SEDAR at and on the SEC'S website at . The information contained herein is subject to change without notice. PNI Digital Media shall not be liable for technical or editorial errors or omissions contained herein.
The TSX has neither approved nor disapproved the information contained in this release. PNI Digital Media relies upon litigation protection for "forward-looking" statements.
PNI Digital Media is a registered trademark of PNI Digital Media Inc. All other trademarks are property of their respective owners.
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
PNI Digital Media - For Financial Information, Contact:
Simon Bodymore
CFO
(604) 893-8955 ext.229
PNI Digital Media - For Investor Relations and Press, Contac
Simon Cairns
(866) 544-4881
or Twitter: (at)pni_media
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Unternehmensinformation / Kurzprofil:
Datum: 14.12.2011 - 21:00 Uhr
Sprache: Deutsch
News-ID 97197
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Software
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