Isoftstone Holdings Ltd Issues Q1 2013 Guidance In Line With Analysts' Estimates; Issues FY 2013 Guidance; Revenue Guidance Above Analysts' Estimates

Isoftstone Holdings Ltd announced that for the first quarter 2013, it expects to achieve net revenues to be at least $93.8 million, net income to be at least $2.4 million, non-GAAP net income to be at least $5.4 million and non-GAAP diluted earnings per ADS for the first quarter 2013 to be at least $0.09. For fiscal 2013, the Company expects to achieve net revenues to be at least $465 million, net income to be at least $28 million, non-GAAP net income to be at least $41 million and Non-GAAP diluted earnings per ADS in 2013 to be at least $0.68. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $102.9 million, net income of $8.8 million and EPS of $0.17 for the first quarter of 2013; revenue of $459 million, net income of $43.2 million and EPS of $0.72 for fiscal 2013.