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caval |
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Kaval said there are plans for expansion teams throughout California, Arizona and Nevada in the next two years. Powerwave's management believes that the presentation of this non-GAAP financial information is useful to our investors and the investment community since it excludes certain non-cash charges and expenses arising from the acquisitions of LGP Allgon, Kaval Wireless and the REMEC Acquisition, including restructuring charges and the amortization of certain intangible assets resulting from the purchase accounting valuation of these acquisitions. Powerwave's management believes that the presentation of this non-GAAP financial information is useful to our investors and the investment community since it excludes certain non-cash charges and expenses arising from the acquisitions of LGP Allgon and Kaval Wireless, including restructuring charges and the amortization of certain intangible assets resulting from the purchase accounting valuation of both LGP Allgon and Kaval Wireless. |
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