Reports Q1 (Mar) earnings of $0.47 per share, in-line with the Thomson Reuters consensus of $0.47; revenues rose 18.1% year/year to $161.6 mln vs the $159.8 mln consensus. Co issues upside guidance for Q2, sees Q2 revs of $170-178 mln vs. $167.97 mln Thomson Reuters consensus. Co expects gross margin to be comparable to the first quarter. Operating expenses are expected to be down slightly from the first quarter levels on a percent of revenue basis. They expect income tax rate to range between 17 and 23%. Shares used to calculate GAAP EPS for the second quarter are anticipated to be approximately 47.5 million.
If you enjoy the content at iBankCoin, please follow us on TwitterRelated Articles
Documentary: The Untouchables
August 8, 2014
Fun Times With Patents
August 8, 2014
Words by Stefan Molyneux
August 5, 2014