Adjusted EBITDA Is Out of the Shadows as Staff Updates Non-GAAP Interpretations
Many companies use non-GAAP financial measures in SEC filings and other public disclosures. Latham has summarized the SEC’s latest guidance on the use of non-GAAP performance measures such as EBITDA and Adjusted EBITDA. We also provide a template for reconciling Adjusted EBITDA to net income and sample disclosure to include when using non-GAAP measures in public filings.