Management emphasized Adjusted EBITDA as a key indicator of underlying performance amid non-recurring items. Urvan said Adjusted EBITDA increased 54% to $6.5 million from $4.3 million in the year-ago quarter. Kajewski said Adjusted EBITDA of $6.5 million represented 49% of net sales , and he cited an improvement in adjusted earnings per share to $0.05 from $0.04 a year earlier.Urvan said net income before discontinued operations was $1.465 million , compared with a $21.177 million loss in the prior-year qua ...