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Fleetmatics Group PLC Issues Q4 2013 Guidance; Revenue Guidance Above Analysts' Estimates; Raises FY 2013 Guidance; Issues FY 2014 Revenue Guidance Above Analysts' Estimates


Wednesday, 6 Nov 2013 04:05pm EST 

Fleetmatics Group PLC announced that for the fourth quarter of 2013, it expects total revenue to be in the range of $48.6 million to $49.2 million, adjusted EBITDA to be in the range of $14.0 million to $14.4 million and non-GAAP adjusted earnings per share (EPS to be in the range of $0.21 to $0.23. For fiscal 2013, the Company expects total revenue to be in the range of $175.9 million to $176.5 million, adjusted EBITDA is expected to be in the range of $54.3 million to $54.7 million and non-GAAP diluted adjusted earnings per share is expected to be in the range of $0.83 to $0.85. The Company also provided a preliminary fiscal 2014 revenue range of $225.0 million to $227.0 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $47.0 million, EBITDA of $14.4 million and EPS of $0.22 for the fourth quarter of 2013, revenue of $172.4 million, EBITDA of $53.8 million and EPS of $0.81 for fiscal 2013 and revenue of $214.2 million for fiscal 2014. 

Company Quote

32.55
-0.26 -0.79%
28 Aug 2014