Key Developments For Alloy, Inc.
Alloy, Inc. (ALOY.O) (Consolidated Issue listed on NASDAQ Global Market)
Alloy, Inc. Issues Q3 2009 Guidance; Comments On FY 2009 Guidance
Alloy, Inc. announced that for the third quarter 2009, revenue is projected to be in the range of $60.0-$63.0 million and adjusted EBITDA is projected to be in the range of $7.5-$8.5 million. For fiscal 2009, while revenue is projected to be lower than fiscal 2008, the Company continues to be cautiously optimistic that adjusted EBITDA will be comparable to prior year levels as a result of cost reductions and the shift in business to its higher margin Media segment.
Alloy, Inc. Comments On H1 2009 Guidance
Alloy, Inc. announced that for first half of 2009, it expects revenue to be down slightly and adjusted EBITDA to be ahead of the first half of 2008. It believe that increases in adjusted EBITDA will be primarily driven by the Media segment businesses, principally Interactive and Channel One, and the Promotion segment, through AMP Agency.
Alloy, Inc. Issues Q1 2009 Guidance
Alloy, Inc. announced that for first quarter of 2009, it expects revenue to be in the range of $42.0 to $45.0 million and adjusted EBITDA to be up to $1.0 million.
Alloy, Inc. Acquires TAKKLE.com
Alloy, Inc. announced it has acquired TAKKLE.com (www.takkle.com), a online resource and college recruitment website for high school sports. Effective immediately, TAKKLE.com joins the TEEN.com Network, Alloy's youth focused distributed media content and advertising network.
Alloy, Inc. Updates FY 2008 Guidance
Alloy, Inc. announced that based on the current economic environment, it is revising its fiscal 2008 guidance. Revenue is projected to be in the range of $215.0-$220.0 million and adjusted EBITDA projected to be in the range of $16.0-$18.0 million.
