, Columnist
Readjusting Black Box's Earnings Adjustments (Adjusted)
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With a name like Black Box Corp., you just know there has to be something funny about the company's numbers.
Check out the company's Jan. 29 quarterly earnings release, and you'll see an unconventional profitability metric with a wonderfully awful name. The company calls it "adjusted Ebitda (as adjusted)." No doubt this was inspired by the mythical department of redundancy department.