To: lazarre who wrote (458 ) 4/27/1999 10:57:00 PM From: SMALL FRY Respond to of 676
lazarre... VRIO... weighted ave common shares outstanding has increased from 1.3 to 36.4 for computation purposes... possibly due to acquisitions (?) EBITDA reduction from 8.3 to 7.9 is really significant for a growth company going full-bore. Headline: TABLE - Verio (NASDAQ:VRIO) Q1 loss widens ====================================================================== ENGLEWOOD, Colo., April 27 (Reuters) - (amounts in millions, except per share amounts) 3 Mos Ended 3 Mos Ended 3/31/98 3/31/99 (unaudited) (unaudited) Statement of Operations Data: Revenue Dedicated $9.9 $21.5 Dial-up 4.1 6.6 Enhanced services and other 7.2 27.0 Total revenue 21.2 55.1 Costs of goods sold 9.5 19.4 Selling, general and administrative 20.0 43.6 Total costs and expenses 35.9 84.6 Loss from operations (14.7) (29.5) Net loss attributable to common stockholders (28.4) (45.1) Loss per common share - basic and diluted (22.44) (1.24) Weighted average common shares outstanding - basic and diluted 1.3 36.4 Other Data: EBITDA (a) (8.3) (7.9) Cash flow from operations (14.8) (2.0) Capital expenditures 5.5 14.8 12/31/98 3/31/99 (unaudited) Balance Sheet Data: Cash, cash equivalents and short-term investments $577.4 $338.6 Restricted cash and securities 14.8 15.4 Goodwill, net 236.7 480.6 Total assets 933.7 1,025.4 Long-term debt and capital lease obligations, net of current portion 674.6 690.3 Stockholders' equity 202.7 229.7 (a) EBITDA represents earnings (loss) from operations before interest, taxes, depreciation, amortization and provision for loss on write-offs of investments in ISPs and fixed assets. Full name is Verio Inc. Copyright 1999, Reuters News Service My .02, SF