Hi JMP team, I’m pleased to share the JMP Performance Bonus Quarterly Payout percentage for the first quarter of 2023.
Overall, revenue was slightly lower than our target for the quarter, which also impacted adjusted EBITDA achievement.
As a reminder, adjusted EBITDA is defined as “Earnings Before Interest, Taxes, Depreciation, Amortization, Commission expense and Bonus expense”.
Related articles:
EBITDA
P&L (Profit and Loss)
