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RRsat Global Communications Network Ltd Issues Q1 2013 Revenue Guidance; Issues FY 2013 Revenue Guidance Above Analysts' Estimates


Monday, 11 Mar 2013 07:17am EDT 

RRsat Global Communications Network Ltd announced that for first quarter of 2013, it expects revenue to be in the range of in the range of $28.7 million to $29.7 million representing 4.5% to 8% year-over-year growth and gross and EBITDA margin similar to the fourth quarter. For fiscal 2013, it expects revenue to be in the range of $120 million to $125 million representing 6% to 10% year-over-year growth and gross margin for the year to improve over 2012. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $118 million for fiscal 2013. 

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