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InfoUSA revises 2004 fourth-quarter and full-year results

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Omaha, Neb.—InfoUSA on Wednesday announced revisions of its 2004 fourth-quarter and full-year financial results. The original release contained unaudited financial information, and infoUSA said it "identified an impairment associated with one of its long-term investments accounted for on the cost basis method of accounting." Net income for 2004 was restated as $17.8 million, compared with the $18.5 million it originally reported. InfoUSA’s EBITDA (earnings before interest, taxes, depreciation and amortization) was adjusted to $67.9 million, from the $68.9 million originally reported.

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