Well-Positioned to Drive Personalized Education
Non-GAAP Financial Measures
These non-GAAP financial measures have their limitations as an analytical tool, and you should not consider them in isolation, or as a
substitute for analysis of our results as reported under GAAP. Because of these limitations, these non-GAAP financial measures should not be
considered as a replacement for their respective comparable financial measures, as determined by GAAP, or as a measure of our profitability
or liquidity. We compensate for these limitations by relying primarily on our GAAP results and using non-GAAP measures only for
supplemental purposes.
For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measure, see "Non-GAAP
Reconciliations."
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