Solera Holdings Inc Issues FY 2013 Guidance Below Analysts' Estimates

Solera Holdings, Inc. announced that for fiscal 2013, it expects revenues to be in the range of $780-$788 million, Net Income to be in the range of $83-$89 million, Adjusted EBITDA to be in the range of $337-$344 million and Adjusted Net Income to be in the range of $170-$177 million and Adjusted Net Income per diluted share of $2.45-$2.55. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $801 million, net income of $192 million, EBITDA of $353 million and EPS of $2.70 for fiscal 2013.