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Cyberonics Inc reaffirms FY 2014 revenue and income from operations guidance; increases FY 2014 net income and EPS guidance


Thursday, 20 Feb 2014 07:00am EST 

Cyberonics Inc:Maintains fiscal 2014 net sales guidance to be in the range of $281 million to $285 million.Maintains fiscal 2014 adjusted non-GAAP income from operations to be in the range of $86 million to $88 million.Increases fiscal 2014 adjusted non-GAAP net income to be in the range from $55 million to $57 million.Increases fiscal 2014 adjusted non-GAAP diluted earnings per share (EPS) to be in the range from $2.00 to $2.05.Guidance for income from operations, net income and diluted earnings per share (EPS) was adjusted by $7.4 million, $4.8 million (net of tax) and $0.17 cents per share, respectively, for the litigation settlement recorded in the first quarter of fiscal 2014.Fiscal 2014 revenue of $284 million, net income of $55 million and EPS of $2.02 - Thomson Reuters I/B/E/S. 

Company Quote

53.75
-0.01 -0.02%
26 Nov 2014