date:May 19, 2014
s are related to the HN acquisition. Excluding the acquisition related items, operating expenses were actually down slightly in the first quarter of 2014 compared to the same period in 2013. The Company recorded an operating loss of $2.7 million in both periods despite the lost production during the plant upgrade in Brazil.
Adjusted EBITDA
Earnings before interest, taxes, depreciation, amortization, other non-cash charges and stock-based compensation for the first quarter of 2014 was a positiv