WhereDaily News: Roomlinx Reports 2013 Third Quarter Results Showing Positive Adjusted EBITDA
DENVER, CO--(Marketwired - November 14, 2013) - Roomlinx, Inc. (OTCQB: RMLX), the innovative developer of media networks and interactive TV (iTV) applications for the hospitality industry, today announced financial results for the three months ended September 30, 2013, demonstrating positive adjusted EBITDA, a measurement, not recognized under generally accepted accounting principles, which the Company assesses to evaluate operations. Adjusted EBITDA is defined as earnings before interest, taxes, depreciation and amortization expense adjusted for non-cash charges for stock based compensation, asset impairment, and non-cash gains or losses resulting from the forgiveness of debt.