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RRsat Global Communications Network Ltd Issues Q2 2013 Revenue Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance


Thursday, 9 May 2013 06:45am EDT 

RRsat Global Communications Network Ltd announced that for second quarter of 2013, it expects revenues in the range of $29 million to $30 million representing 3.3% to 6.9% year-over-year growth. The Company reaffirmed fiscal 2013 guidance and expects revenues 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 $31 million for second quarter of 2013 and revenue of $122 billion for fiscal 2013. 

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