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Audience Inc Issues Q3 2013 Guidance Below Analysts' Estimates


Thursday, 1 Aug 2013 04:06pm EDT 

Audience Inc announced that for the third quarter of 2013, it expects total revenue to be in the range of $31 to $34 million, GAAP net loss, which includes $1.5 million of expected stock-based compensation expense and $0.2 million of non-cash rent expense, is expected to be in the range of $3.8 to $4.8 million, or ($0.16) to ($0.20) per diluted share on approximately 23.5 million diluted weighted average shares outstanding, non-GAAP net loss is expected to be in the range of $2.1 to $3.1 million, or ($0.09) to ($0.13) per share on a diluted basis. According to I/B/E/S estimates analysts' are expecting the Company to report revenues of $45 million and EPS of $0.12 for the third quarter of 2013. 

Company Quote

3.38
-2.5 -42.52%
3:19pm EDT