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Twitter Investor Day

ADJUSTED EBITDA RECONCILIATIONS In Thousands Reconciliation of Net Loss to Adjusted EBITDA Three Months Fiscal Year Ended Ended 30-Sep-13 $(64,601) 43,602 29,023 909 31-Dec-13 360 Net loss Stock-based compensation expense Depreciation and amortization expense Interest and other expense (income) Provision (benefit) for income taxes Adjusted EBITDA $9,293 Note: Adjusted EBITDA is defined as net loss adjusted to exclude stock-based compensation expense, depreciation and amortization expense, interest and other expenses and provision (benefit) for income taxes. $(645,323) 600,367 110,894 11,315 (1,823) $75,430 Three Months Ended 30-Sep-14 $(175,464) 169,602 60,155 13,874 159 $68,326 Nine Months Ended 30-Sep-14 $(452,468) 454,382 145,737 15,973 (4,218) $159,406
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