Key Developments For IRIS International
IRIS International (IRIS.O) (Consolidated Issue listed on NASDAQ Global Market)
IRIS International, Inc. Reiterates FY 2009 Outlook-Conference Call
IRIS International, Inc. reiterated its fiscal 2009 outlook and expects revenue of about $94-$96 million and earnings per share (EPS) of $0.40-$0.42. According to Reuters Estimates, analysts were expecting the Company to report revenues of $96 million and EPS of $0.41 for the same period.
IRIS International, Inc. Reiterates FY 2009 Outlook-Conference Call
IRIS International, Inc. reiterated its fiscal 2009 outlook and expects revenue of about $94-$96 million and earnings per share (EPS) of $0.40-$0.42. According to Reuters Estimates, analysts were expecting the Company to report revenues of $94 million for the same period.
IRIS International, Inc. Lowers FY 2009 Guidance
IRIS International, Inc. revised its guidance for fiscal 2009, anticipating revenue of $94-$96 million as compared to previous issued revenue guidance of $102 million, and earnings of $0.40-$0.42 per fully diluted share, from previous issued earnings per share (EPS) guidance of $0.48. The fiscal 2009 guidance does not include any revenue relating to NADiAProsVue, as we have not yet secured regulatory clearance. According to Reuters Estimates, analysts were expecting the Company to report revenue of $98 million and EPS of $0.43 for fiscal 2009.
IRIS International, Inc. Lowers Q2 2009 Guidance
IRIS International, Inc. announced that based on its preliminary results, total revenue for the second quarter 2009 is expected to be $22.3 million, 9% lower than its previously stated second quarter 2009 sales guidance of $24.5 million. The Company expects to report GAAP diluted earnings per share (EPS) in the range of $0.05-$0.07 for the second quarter 2009, compared to previously stated second quarter 2009 EPS guidance of $0.11. This includes the unfavorable impact of one time charges of $325,000 for an involuntary reduction in work force conducted during the second quarter 2009 and approximately $200,000 related to retro fitting previous shipped iChem VELOCITYs. These items decreased GAAP EPS by nearly $0.03. According to Reuters Estimates, analysts were expecting the Company to report revenue of $24.7 million and GAAP EPS of $0.11 for the second quarter 2009.
IRIS International, Inc. Reaffirms Q2, FY 2009 Guidance
IRIS International, Inc. announced that it remains on track for achieving its previously announced guidance for the second quarter of 2009 and for fiscal 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report earnings per share (EPS) of $0.11 on revenue of $24.5 million for the second quarter of 2009; EPS of $0.49 for fiscal 2009.
