Question-and-Answer Session
Operator
(Operator Instructions). We'll take our first question from John Harmon.
John Harmon - Needham & Company
Hi, good afternoon.
John Ambroseo
Hi.
John Harmon - Needham & Company
Congratulations [giving] your guidance. A couple awfully quick questions please. Helene, what number do you compute for your pro-forma EBITDA margin in the quarter?
Helene Simonet
Sorry, what? Repeat, John.
John Harmon - Needham & Company
What number did you get for your pro-forma EBITDA margin in the quarter?
Helene Simonet
For the second quarter, 14.3%.
John Harmon - Needham & Company
Thank you. Just to make sure my model is in line, could you give me a rough figure for share count in Q3?
Helene Simonet
In Q3, what you could do is take diluted shares outstanding for the second quarter, and certainly subtract the almost 8 million, and then you can, depending on what the stock price will do, you have to add a little bit to it.
John Harmon - Needham & Company
Okay --
Helene Simonet
Probably comes out to about $24.2 million roughly.
John Harmon - Needham & Company
Okay, thank you. Helene, in your remarks, you mentioned a non-GAAP EBITDA target margin range of 19% to 20%.
Helene Simonet
I'm sorry, I misspoke. It should have been 19% to 23%.
John Harmon - Needham & Company
I guessed, thank you.
Helene Simonet
No change.
John Harmon - Needham & Company
Just one question and I'll get back in the queue. The expense for your stock option investigation, are you done with that or is that going to still linger around for a while?
Helene Simonet
The portion related to the historical financial restatement is completed.
John Harmon - Needham & Company
Okay, thank you very much.
Operator
Next, we'll hear from Mark Miller.
Mark Miller - Brean Murray Carret & Co.
Again, my congratulations on a good result. Could you give us a --
John Ambroseo
Mark, if we may, Helene was trying to complete her answer to the last question. So she should probably get that out before you go into yours.
Helene Simonet
John, I was saying that the portion related to the restatement is completed. The portions of the litigation has not been closed yet.
John Ambroseo
Thanks, Mark. Go ahead.
Mark Miller - Brean Murray Carret & Co.
Just wondering, could you give us kind of a ballpark, the solar business is really starting to bloom. What are we talking about in magnitude of orders, is it, in terms of the quarter, 5 million, 10 million, in that range?
- To read the full transcript on Seeking Alpha, click here »
