Planet Reports Financial Results for Third Quarter of Fiscal 2022

RECONCILIATION OF NON-GAAP TO GAAP FINANCIAL MEASURES (unaudited)

 

Three Months Ended

October 31,

 

Nine Months Ended

October 31,

(in thousands)

2021

 

2020

 

2021

 

2020

Reconciliation of Non-GAAP Gross Profit (Loss) to Gross Profit (Loss)

 

 

 

 

 

 

 

Gross Profit

$

10,889

 

 

$

7,354

 

 

$

34,306

 

 

$

18,329

 

Add: Stock-based compensation

 

226

 

 

 

199

 

 

 

688

 

 

 

585

 

Non-GAAP Gross Profit

$

11,115

 

 

$

7,553

 

 

$

34,994

 

 

$

18,914

 

Gross Margin percentage

 

34

%

 

 

27

%

 

 

36

%

 

 

22

%

Non-GAAP Gross Margin percentage

 

35

%

 

 

28

%

 

 

37

%

 

 

23

%

PLANET

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