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Tangoe Inc Issues Q2 2013 Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 Guidance


Thursday, 9 May 2013 04:05pm EDT 

Tangoe Inc announced that for the second quarter of 2013, it expects total revenue to be in the range of $45.6 million to $46.1 million, adjusted EBITDA to be in the range of $7.1 million to $7.3 million and non-GAAP net income per share to be approximately $0.16. For fiscal 2013, it expects revenue to be in the range of $188.5 million to $191.5 million, adjusted EBITDA to be in the range of $31.0 million to $32.0 million and non-GAAP net income per share 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 $45.8 million, EBITDA of $7.2 million and EPS of $0.15 for second quarter 2013; revenues of $191 million, EBITDA of $32.3 million and EPS of $0.69 for fiscal 2013. 

Company Quote

13.51
0.09 +0.67%
4:00pm EDT