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Identive Group Inc Issues Q4 2013 Guidance; Revenue Guidance Below Analysts' Estimates


Thursday, 7 Nov 2013 04:01pm EST 

Identive Group Inc announced that for the fourth quarter of 2013, it expects revenues of $25.0 million to $27.0 million and adjusted EBITDA of $(0.0) million to $1.0 million. Current guidance includes the expected results of these businesses of revenue of $5.0 million to $6.0 million and adjusted EBITDA loss of $(0.5) million to $0.0 million. The timing of such divestment is uncertain. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $31.4 million and EBITDA of $0.6 million for the fourth quarter of 2013. 

Company Quote

10.42
-0.11 -1.04%
24 Apr 2015