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Lionbridge Technologies Inc Issues Q1 2013 Revenue Guidance Below Analysts' Estimates; Comments On Q1 2013 Earnings Guidance; Reaffirms FY 2013 Guidance


Wednesday, 13 Feb 2013 08:00am EST 

Lionbridge Technologies Inc provided an outlook for the first quarter of 2013 with revenue of $115-118 million with ongoing profit expansion year-on-year. It also reiterated its expectations for fiscal 2013 revenue growth of 6%-10% and significant growth in income from operations. The Company reported net income of $1.72 million in the first quarter of 2012; and revenue of $457.12 million and net income of $11.33 million in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $119 million and net income of $3.16 million for the first quarter of 2013; and revenue of $490.62 million and net income of $17.78 million for fiscal 2013. 

Company Quote

6.1
0.1 +1.67%
17 Apr 2014