The Company presents operating income, operating margin, net earnings, diluted earnings per share (EPS), on both a U.S. GAAP basis and on an adjusted basis,
organic revenue growth on a U.S. GAAP basis, and also presents adjusted EBITDA and adjusted EBITDA margin.
Not exact matches
Revenue growth and Adjusted EBITDA
growth,
on an
organic basis, are non-GAAP measures that exclude the impact of FX movements.
His take away
on the quarter: «Our First Pass Take Is Incrementally Positive — 44 %
organic revenue growth is the fastest since 2001 (déjà - Bubble), with Kindle almost certainly a key factor, along with accelerating momentum into Consumer Staples, Apparel, and Web Services.
In the MD&A section
on page 24 of the 10Q, Ebix states explicitly when discussing
organic growth that they experienced «a 1.4 % DECREASE in
revenues associated with Ebix's legacy operations8 (emphasis ours).
[Again, based
on my prior
revenue run - rate & a return to a 10.4 % operating margin, plus no assumption for
organic revenue growth / earnings].
«This acquisition is consistent with our stated objective to selectively expand our pet supplies business both through
organic growth as well as small, targeted bolt -
on acquisitions to expand product lines and to create geographic
revenue and operational synergies,» said Dave Lumley, CEO of Spectrum Brands Holdings.