1 EXHIBIT 11.1 POCKET COMMUNICATIONS, INC. CALCULATION OF PRO FORMA NET (LOSS) PER SHARE (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE DATA) SIX MONTHS YEAR ENDED ENDED JUNE DECEMBER 31, 1995 30, 1996 Pro forma net (loss) (unaudited): Net loss................................................... $(7,393) $(6,716) Adjustment to interest expense............................. --------- -------- Pro forma net (loss) (unaudited)........................... $ $ ========= ======== Calculation of pro forma common shares outstanding (unaudited): Class B Common Stock outstanding........................... Conversion of Class A Common Stock into Class B Common Stock(1)................................................. Conversion of Series A Debentures into Class B Common Stock.................................................... Conversion of Series B Debentures into Class B Common Stock.................................................... Conversion of Series D Debentures into Class B Common Stock.................................................... Options and warrants to purchase Class B Common Stock(1)... --------- -------- Total pro forma common shares outstanding (unaudited)......................................... ========= ======== Pro forma net (loss) per share (unaudited)...................... $ $ ========= ======== - --------------- (1) Treated as outstanding for the entire period pursuant to Securities and Exchange Commission Staff Accounting Bulletin No. 83.