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LeapFrog Enterprises Inc Reaffirms FY 2013 Guidance; Issues Q3 2013 Guidance In Line With Analysts' Estimates


Thursday, 1 Aug 2013 04:01pm 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 third quarter of 2013, it expects net sales to increase at a mid-to-high single-digit percentage growth rate compared to the third quarter of 2012, Net income per diluted share (GAAP) and normalized net income per diluted share (non-GAAP) to both be approximately $0.32, which is flat to normalized net income per diluted share3 in the third quarter of last year. The Company reported revenue of $581.29 million in fiscal 2012 and revenue of $193 million in third quarter of 2012. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $628.86 million and EPS of $0.64 for fiscal 2013; revenue of $205.28 million and EPS of $0.34 for third quarter of 2013. 

Company Quote

4.72
0.05 +1.07%
24 Dec 2014