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Cyberonics Inc Issues FY 2014 Guidance; Revenue And EPS Guidance Above Analysts' Estimates

Wednesday, 5 Jun 2013 07:00am EDT 

Cyberonics Inc announced that for fiscal 2014, it expects net sales to be in the range of $279 million to $283 million, income from operations to be in the range of $85 million to $88 million, net income to be in the range from $53 million to $56 million and diluted earnings per share (EPS) to be in the range from $1.93 to $2.01. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $277 million, EBIT of $85 million, net income of $53 million and EPS of $1.91 for fiscal 2014.