VM » Topics » Full year 2008 highlights 2 :

This excerpt taken from the VM 8-K filed Mar 3, 2009.

Full year 2008 highlights2:



End of period subscribers of 5.4 million, up 6% year over year



Total operating revenues of $1.3 billion, Net service revenues of $1.2 billion; both flat year over year




Adjusted EBITDA of $101.1 million; Adjusted EBITDA excluding transition and restructuring costs of $115.2 million, up 16% year over year1



Net income of $7.9 million versus net income of $4.2 million, up 88% year over year




Diluted earnings per share of $0.13; Adjusted earnings per share of $0.261 compared to pro forma earnings per diluted share of $0.06 for 2007



Free cash flow of $25.7 million up 130% from 2007; Unlevered free cash flow of $57.8 million

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