KEYN » Topics » Item 2.02 Results of Operations and Financial Condition.

This excerpt taken from the KEYN 8-K filed Jul 28, 2009.

Item 2.02     Results of Operations and Financial Condition.

On July 28, 2009, Keynote Systems, Inc. (the “Company”) issued a press release announcing its results for the fiscal quarter ended June 30, 2009.  A copy of the press release is attached as Exhibit 99.01 to this Current Report.  This Current Report and the exhibit attached hereto are being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation by reference language in any filings, unless expressly set forth by specific reference to this filing.

The press release includes information on Non-GAAP net income, EBITDA, and free cash flow.  These measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies.  Non-GAAP net income is calculated by adjusting GAAP net income for provision for income taxes less cash tax expense, stock-based compensation expense, amortization of purchased intangibles and in-process development associated with acquisitions.  EBITDA is calculated as earnings before interest, taxes, depreciation and amortization.  Keynote defines free cash flow as cash flow from operations less cash used for purchases of property, equipment, software and acquired technology. These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP.  Management believes that Non-GAAP net income, EBITDA, and free cash flow are useful measures of performance as they provide investors with additional methods for evaluating operating performance.


Item 9.01     Financial Statements and Exhibits.

  (d)

Exhibits.

 

Exhibit No.

Exhibit Title

 
99.01 Press release, dated July 28, 2009, issued by Keynote Systems, Inc.


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

KEYNOTE SYSTEMS, INC.

 

 

Date: July 28, 2009 By:

/s/ Andrew Hamer

Andrew Hamer

Vice President and Chief Financial Officer

This excerpt taken from the KEYN 8-K filed Apr 28, 2009.

Item 2.02     Results of Operations and Financial Condition.

On April 28, 2009, Keynote Systems, Inc. (the “Company”) issued a press release announcing its results for the fiscal quarter ended March 31, 2009.  A copy of the press release is attached as Exhibit 99.01 to this Current Report.  This Current Report and the exhibit attached hereto are being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation by reference language in any filings, unless expressly set forth by specific reference to this filing.

The press release includes information on Non-GAAP net income, EBITDA, and free cash flow.  These measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies.  Non-GAAP net income is calculated by adjusting GAAP net income for provision for income taxes less cash tax expense, stock-based compensation expense, amortization of purchased intangibles and in-process development associated with acquisitions.  EBITDA is calculated as earnings before interest, taxes, depreciation and amortization.  Keynote defines free cash flow as cash flow from operations less cash used for purchases of property, equipment, software and acquired technology. These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP.  Management believes that Non-GAAP net income, EBITDA, and free cash flow are useful measures of performance as they provide investors with additional methods for evaluating operating performance.

This excerpt taken from the KEYN 8-K filed Jan 27, 2009.

Item 2.02     Results of Operations and Financial Condition.

On January 27, 2009, Keynote Systems, Inc. (the “Company”) issued a press release announcing its results for the fiscal quarter ended December 31, 2008.  A copy of the press release is attached as Exhibit 99.01 to this Current Report.  This Current Report and the exhibit attached hereto are being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation by reference language in any filings, unless expressly set forth by specific reference to this filing.

The press release includes information on Non-GAAP net income.  These measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies.  Non-GAAP net income is calculated by adjusting GAAP net income for provision for income taxes less cash tax expense, stock-based compensation expense, amortization of purchased intangibles and in-process development associated with acquisitions.  These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP.  Management believes that Non-GAAP net income is a useful measure of performance as it provides investors with an additional method for evaluating operating performance.

This excerpt taken from the KEYN 8-K filed Jul 29, 2008.

Item 2.02     Results of Operations and Financial Condition.

On July 29, 2008, Keynote Systems, Inc. (the “Company”) issued a press release announcing its results for the fiscal quarter ended June 30, 2008.  A copy of the press release is attached as Exhibit 99.01 to this Current Report.  This Current Report and the exhibit attached hereto are being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation by reference language in any filings, unless expressly set forth by specific reference to this filing.

The press release includes information on Non-GAAP net income.  These measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies.  Non-GAAP net income is calculated by adjusting GAAP net income for provision for income taxes less cash tax expense, stock-based compensation expense, amortization of purchased intangibles and in-process development associated with acquisitions.  These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP.  Management believes that Non-GAAP net income is a useful measure of performance as it provides investors with an additional method for evaluating operating performance.

This excerpt taken from the KEYN 8-K filed Apr 29, 2008.
Item 2.02     Results of Operations and Financial Condition.

On April 29, 2008, Keynote Systems, Inc. (the “Company”) issued a press release announcing its results for the fiscal quarter ended March 31, 2008. A copy of the press release is attached as Exhibit 99.01 to this Current Report. This Current Report and the exhibit attached hereto are being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation by reference language in any filings, unless expressly set forth by specific reference to this filing.

The press release includes information on Non-GAAP net income. These measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles (“GAAP”) and are not necessarily comparable to similar measures presented by other companies. Non-GAAP net income is calculated by adjusting GAAP net income for provision for income taxes less cash tax expense, stock-based compensation expense, amortization of purchased intangibles and in-process development associated with acquisitions. These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. Management believes that Non-GAAP net income is a useful measure of performance as it provides investors with an additional method for evaluating operating performance.

This excerpt taken from the KEYN 8-K filed Jan 29, 2008.

Item 2.02     Results of Operations and Financial Condition.

On January 29, 2008, Keynote Systems, Inc. (the "Company") issued a press release announcing its results for the fiscal quarter ended December 31, 2007. A copy of the press release is attached as Exhibit 99.01 to this Current Report. This Current Report and the exhibit attached hereto are being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing with the Securities and Exchange Commission under the Securities Exchange Act of 1934 or the Securities Act of 1933, whether made before or after the date hereof and irrespective of any general incorporation by reference language in any filings, unless expressly set forth by specific reference to this filing.

The press release includes information on Non-GAAP net income. These measures are not based on any standardized methodology prescribed by U.S. generally accepted accounting principles ("GAAP") and are not necessarily comparable to similar measures presented by other companies. Non-GAAP net income is calculated by adjusting GAAP net income for provision for income taxes less cash tax expense, stock-based compensation expense, amortization of purchased intangibles and in-process development associated with acquisitions. These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. Management believes that Non-GAAP net income is a useful measure of performance as it provides investors with an additional method for evaluating operating performance.


Item 9.01     Financial Statements and Exhibits.

     (d)    Exhibits.

 

Exhibit No.

Exhibit Title

99.01

Press Release, dated January 29, 2008, issued by Keynote Systems, Inc.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KEYNOTE SYSTEMS, INC.

 

 

January 29, 2008 By:

/s/ Andrew Hamer

Andrew Hamer

Vice President and Chief Financial Officer

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki