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Tangoe Inc Issues Q1 2013 Guidance; EPS Guidance Below Analysts' Estimates; Reaffirms FY 2013 EBITDA Guidance; Raises FY 2013 Revenue Guidance; Issues FY 2013 EPS Guidance Above Analysts' Estimates


Wednesday, 13 Feb 2013 04:05pm EST 

Tangoe Inc announced that for the first quarter of 2013, it expects total revenue to be in the range of $43.8-$44.3 million. Adjusted EBITDA is expected to be in the range of $6.4-$6.6 million. Non-GAAP net income per share is expected to be approximately $0.14. For fiscal 2013, it expects revenue to be in the range of $188.5 million to $191.5 million. Adjusted EBITDA is expected to be in the range of $31.0 million to $32.0 million. Non-GAAP net income per share is expected to be in the range of $0.67 to $0.70. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $43.9 million, EBITDA of $6.8 million and EPS of $0.13 for first quarter 2013; Revenues of $191 million, EBITDA of $32.4 million and EPS of $0.64 for fiscal 2013. 

Company Quote

13.01
0.02 +0.15%
19 Dec 2014