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LeapFrog Enterprises Inc Reiterates FY 2013 Revenue Guidance; Issues FY 2013 EPS Guidance Below Analysts' Estimates; Issues Q2 2013 Guidance In Line With Analysts' Estimates


Thursday, 2 May 2013 06:01am EDT 

LeapFrog Enterprises Inc announced that for fiscal 2013, it is reiterating guidance for net sales guidance and initiating guidance for net income per diluted share and normalized net income per diluted share. The Company expects net sales to increase at a high single-digit percentage growth rate compared to 2012. Net income per diluted share (GAAP) and normalized net income per diluted share (non-GAAP) to both be in the range of $0.57 to $0.60. For the second quarter of 2013, it expects net sales to increase at a mid-to-high single-digit percentage growth rate compared to the second quarter of 2012 and net loss per basic and diluted share (GAAP) and normalized net loss per basic and diluted share (non-GAAP) to both be in the range of $0.08 to $0.10. The Company reported revenue of $581.29 million in fiscal 2012 and revenue of $71.48 million in the second quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $624.73 million and EPS of $0.65 for fiscal 2013; revenue of $77.9 million and EPS of $(0.08) for the second quarter of 2013. 

Company Quote

4.64
-0.27 -5.50%
19 Dec 2014