Active Network Inc Issues Q1, FY 2012 Mixed Guidance

Active Network Inc announced that for the first quarter of 2012, it is targeting total revenue to be in the range of $89 million to $93 million, net loss in the range of $27 million to $25 million and is targeting adjusted EBITDA in the range of $(5) million to $(3) million mainly due to the purchase accounting impact of the fourth quarter 2011 acquisition of StarCite. Excluding the acquisition impact, the Company would expect adjusted EBITDA to be in the range of $0 million to $2 million. For fiscal 2012, the Company is targeting total revenue to be in the range of $425 million to $435 million, net loss in the range of $39 million to $35 million and adjusted EBITDA in the range of $46 million to $50 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $88 million, net loss of $7 million and EBITDA of $5 million for the first quarter of 2012; and revenue of $409 million, net income of $11 million and EBITDA of $51 million for fiscal 2012.