Segment EBITDA definition
Examples of Segment EBITDA in a sentence
For purposes hereof, “Target EBITDA” and “Actual EBITDA” shall be calculated as follows: Target EBITDA = Eb – Cb, where Eb = Segment EBITDA for broadcast operations set forth in the annual budget of CME Ltd.
Segment EBITDA may not be comparable to similarly titled measures reported by other companies.
Segment EBITDA is also the profitability measure used to set management and executive incentive compensation goals.
Segment EBITDA should not be considered a substitute for net (loss) income or other results reported in accordance with U.S. GAAP.
EBITDA (sometimes also referred to as Segment EBITDA) stands for earnings before interest, taxes, depreciation and amortization, adjusted to exclude certain non-cash, certain other income and expenses and discontinued operations for the relevant period as reported on the financial statements.
Segment EBITDA is defined as EBITDA (earnings before interest, income taxes, depreciation and amortization) adjusted to exclude certain non-cash and non-recurring expenses.
Segment EBITDA is an important measure used by the Company's senior management and board of directors to evaluate operating results and allocate capital resources among segments.