GSI Group Inc Issues Q1 2013 Guidance; Revenue Guidance Above Analysts' Estimates; Lowers FY 2013 Guidance

GSI Group Inc announced that for the first quarter of 2013, the Company expects revenue from continuing operations of between $82 million and $84 million and adjusted EBITDA to be in the range of $10 million to $12 million. For fiscal 2013, it expects revenue from continuing operations of between $345 million to $355 million and adjusted EBITDA to be between $50 million and $55 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $71 million and EBITDA of $10 million for the first quarter of 2013.