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eServGlobal Limited Issues H2 2012 And FY 2012 Revenue Guidance; Comments On H2 2012 EBITDA Guidance


Thursday, 28 Jun 2012 09:51pm EDT 

eServGlobal Limited announced that it expects a revenues of between AUD 13.5 million to AUD 16.1 million in the second half of fiscal 2012. Full year revenues are anticipated to be between AUD 26 million and AUD 29 million (GBP 17 million to GBP 19 million based on current foreign exchange rates) in fiscal 2012. In addition, the Company is anticipating a significant EBITDA improvement in the second half of fiscal 2012 to be driven through a combination of increased revenues and higher gross margin (due to the handoff of USP contracts to Oracle) compared to the first half of fiscal 2012, as well as the impact of operational cost savings made in the first half of fiscal 2012. 

Company Quote

0.8
-0.06 -6.98%
16 Apr 2014