- Current report filing (8-K)
May 07 2009 - 4:30PM
Edgar (US Regulatory)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
May 7, 2009
Date of Report (Date of Earliest Event Reported)
HARRIS INTERACTIVE INC.
(Exact Name of Registrant as Specified in Charter)
|
|
|
|
|
Delaware
|
|
000-27577
|
|
16-1538028
|
|
|
|
|
|
(State or other jurisdiction of
incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer Identification
Number)
|
|
|
|
60 Corporate Woods, Rochester, New York
|
|
14623
|
|
|
|
(Address of Principal Executive Offices)
|
|
(Zip Code)
|
Registrants Telephone Number Including Area Code:
(585) 272-8400
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
|
|
|
o
|
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
|
o
|
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
|
o
|
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
|
|
o
|
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
TABLE OF CONTENTS
Section 2 Financial Information
Item 2.02 Results of Operations and Financial Condition
On May 7, 2009, Harris Interactive Inc. (the Company) issued a press release announcing the
Companys earnings for the fiscal quarter ended March 31, 2009. A copy of the press release is
attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by
reference.
A non-GAAP financial measure, adjusted EBITDA, is referenced in the press release attached as
Exhibit 99.1. A reconciliation of this non-GAAP measure to the most directly comparable financial
measure calculated and presented in accordance with GAAP, GAAP Net Income, is provided as part of
the press release.
The Company defines Non-GAAP Adjusted EBITDA as earnings before interest expense (income), income
taxes, depreciation and amortization and stock based compensation. Non-GAAP Adjusted EBITDA may
not be comparable to similarly titled measures reported by other companies. The Company is
presenting Non-GAAP Adjusted EBITDA because it provides investors with an additional way to view
its operations, when considered with both its GAAP results and the reconciliation to net income,
which the Company believes provides a more complete understanding of our business than could be
obtained absent this disclosure. Non-GAAP Adjusted EBITDA is presented solely as a supplemental
disclosure because: (i) the Company believes it is a useful tool for investors to assess the
operating performance of the business without the effect of non-cash depreciation and amortization
expenses; (ii) the Company believes that investors will find this data useful in assessing its
ability to service or incur indebtedness; (iii) the Company uses Non-GAAP Adjusted EBITDA
internally to evaluate the performance of its personnel and also as a benchmark to evaluate its
operating performance and compare its performance to that of its competitors; (iv) the Company uses
Non-GAAP Adjusted EBITDA as a metric in connection with its corporate employee bonus plans;
and (v) Non-GAAP Adjusted EBITDA is a component of the financial covenant measures used by the
Companys lenders in connection with the Companys credit facilities. The use of Non-GAAP Adjusted
EBITDA has limitations and you should not consider Non-GAAP Adjusted EBITDA in isolation from or as
an alternative to GAAP measures such as net income, operating income or data prepared in accordance
with GAAP, or as a measure of profitability or liquidity.
The Company believes that its description of Non-GAAP Adjusted EBITDA after the effect of
restructuring and other charges is useful to investors because it provides a means for investors to
better understand the Companys ongoing operations during the fiscal quarter.
Section 9 Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits.
(d)
Exhibits
.
|
|
|
Exhibit 99.1
|
|
Press Release issued by Harris Interactive Inc. on May 7, 2009 announcing the
Companys earnings for the fiscal quarter ended March 31, 2009.
|
Exhibit 99.1 is not filed pursuant to the Securities Exchange Act of 1934 and is not incorporated
by reference into any registrations under the Securities Act of 1933. Additionally, the submission
of Item 2.02 of this Report on Form 8-K is not an admission as to the materiality of any
information in the Report that is required to be disclosed solely by Regulation FD.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned hereunto duly authorized.
HARRIS INTERACTIVE INC.
(Registrant)
|
|
|
|
|
|
|
|
|
By:
|
/s/ Deborah Rieger-Paganis
|
|
|
Name:
|
Deborah Rieger-Paganis
|
|
|
Title:
|
Interim Chief Financial Officer
(Principal Financial Officer)
|
|
|
Dated: May 7, 2009
EXHIBIT INDEX
|
|
|
EXHIBIT NO.
|
|
DESCRIPTION
|
|
|
|
Exhibit 99.1
|
|
Press Release issued by Harris Interactive Inc. on May 7,
2009 announcing the Companys earnings for the fiscal quarter
ended March 31, 2009.
|
Harris Interactive, Inc. (MM) (NASDAQ:HPOL)
Historical Stock Chart
From May 2024 to Jun 2024
Harris Interactive, Inc. (MM) (NASDAQ:HPOL)
Historical Stock Chart
From Jun 2023 to Jun 2024