Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: MacroRisk Analytics/EconomicInvestor
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Kofax PLC Lowers FY 2013 Revenue Guidance; Comments On FY 2013 EBITDA Guidance


Monday, 11 Feb 2013 02:00am EST 

Kofax PLC announced that for fiscal 2013, the growth in professional services revenue is lower than it had previously expected, as a result of the mix of software license revenue and relatively more indirect than direct sales, with channel partners often providing these services and the lower than expected software license revenue in the second quarter of 2013, it is therefore taking a conservative view and lowering the guidance for fiscal 2013 to no to low single digit growth in total revenue on a constant currency basis and an adjusted EBITDA of approximately 10% less than that reported in fiscal 2012. The Company reported revenue of $262.48 million and EBITDA of $48.49 million in fiscal 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $277.2 million and EBITDA of $49 million for fiscal 2013. 

Company Quote

470.75
-1.25 -0.26%
29 Aug 2014