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| JDAS > SEC Filings for JDAS > Form 8-K on 28-Apr-2008 | All Recent SEC Filings |
28-Apr-2008
Results of Operations and Financial Condition
On April 28, 2008, JDA Software Group, Inc. ("JDA") announced financial
results for the quarter ended March 31, 2008 by issuing a press release and on
the same date, held a related conference call to discuss these results. The full
text of the press release issued in connection with the announcement is attached
as Exhibit No. 99.1 to this Current Report on Form 8-K. The press release and
the conference call contain forward-looking statements regarding JDA and include
cautionary statements identifying important factors that could cause actual
results to differ materially from those anticipated.
The information in this Form 8-K and the Exhibits attached hereto shall not
be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934 (the "Exchange Act") or otherwise subject to the liabilities of that
section, nor shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933 or the Exchange Act, except as expressly set forth by
specific reference in such a filing.
Use of Non-GAAP Financial Information
JDA provides a non-GAAP measure of adjusted operating income, EBITDA
(earnings before interest, taxes, depreciation and amortization) and earnings
per share in the attached press release. The presentation is intended to be a
supplemental measure of performance and typically excludes non-cash charges such
as amortization of intangibles, stock-based compensation and certain charges
that impact the comparability of one quarter to another. The presentation is not
intended to replace or to be displayed more prominently than our GAAP
measurements. A reconciliation of the adjustments to GAAP results for the
periods is included. In addition, an explanation of the ways in which JDA
management uses these non-GAAP measures to evaluate its business, the substance
behind JDA management's decision to use these non-GAAP measures, the material
limitations associated with the use of these non-GAAP measures, the manner in
which JDA management compensates for those limitations, and the substantive
reasons why JDA management believes that these non-GAAP measures provide useful
information to investors is included in the attached press release.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
99.1 Press Release dated April 28, 2008.
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