Neebo, Inc. Announces Audited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2014
For the year, the company reported revenues, net of returns of $400,472,000 compared to $436,578,000 a year ago. Income from operations was $5,179,000 compared to $20,362,000 a year ago. Loss from continuing operations before income taxes was $34,487,000 compared to income of $269,729,000 a year ago. Loss from continuing operations was $31,390,000 compared to income of $265,450,000 a year ago. Net loss was $34,507,000 compared to $261,226,000 a year ago. EBITDA was $17,388,000 compared to $310,563,000 a year ago. Adjusted EBITDA was $30,878,000 compared to $38,444,000 a year ago. Net cash flows from operating activities was $29,003,000 compared to $21,576,000 a year ago.