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Excluding extraordinary gains from asset sales and other items, the company continued to post an operating loss in the first quarter of 1990.
Excluding extraordinary items, AOL earned 23 cents a share.
Excluding extraordinary items and writedowns of assets, earnings grew by 18.8percentt.
The company said it expected to earn $1.08 to $1.10 a share this year, excluding extraordinary items, compared with 19 cents before extraordinary charges last year.
It forecast positive pretax earnings for the 2002 fiscal year, excluding extraordinary charges of $2.5 million for the refinancing of high-cost debt.
Net income (excluding extraordinary items) surged 152% to $12 million 90 centss a share).
The company posted earnings of 36 cents per share excluding extraordinary items, up from 18 cents per share a year ago.
However, the existence of a cumulative structure of ordinary sets is not considered as a ground for excluding extraordinary sets.
Excluding extraordinary cases, glucuronides can be formed at carbon atoms with oxygen derived nucleophiles (O-glucuronides), and upon N-carbamyolation of primary and secondary amino groups (N-glucuronides).
The predictions exclude extraordinary events, like extreme weather conditions or turbulence in oil-exporting countries.
Though they exclude extraordinary items, they include write-offs that companies think are best ignored.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com