Textura Announces 39% Revenue Growth in First Quarter

The following table reconciles Adjusted EPS to the most directly comparable GAAP measure, net loss per share:

 

Three Months Ended

March 31,

 

2015

 

2014

 

(in thousands, except per share amounts)

Net loss available to Textura Corporation common shareholders

$

(3,067)

   

$

(7,359)

 

Accretion of redeemable non-controlling interest

   

94

 

Net loss attributable to non-controlling interest

   

(75)

 

Net loss

$

(3,067)

   

$

(7,340)

 
       

Share-based compensation expense

1,971

   

1,936

 

Amortization of intangible assets

1,053

   

1,282

 

Acquisition-related and other expenses *

   

74

 

Adjusted net loss

$

(43)

   

$

(4,048)

 
       

Weighted-average common shares used in basic and diluted EPS

25,640

   

24,812

 

Adjusted EPS

$

0.00

   

$

(0.16)

 
       

Net loss per share

$

(0.12)

   

$

(0.30)

 

Accretion of redeemable non-controlling interest

   

0.01

 

Share-based compensation expense

0.08

   

0.08

 

Amortization of intangible assets

0.04

   

0.05

 

Adjusted EPS

$

0.00

   

$

(0.16)

 
   

* Acquisition-related and other expenses represent acquisition and strategic transaction costs.


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