Monday, February 10, 2014 5:54:18 PM
Model N beats by $0.09, beats on revs; guides Q2 EPS above consensus, revs above consensus; guides FY14 EPS above consensus, revs in-line
4:08 PM ET 2/10/14 | Briefing.com
Reports Q1 (Dec) loss of $0.03 per share, excluding non-recurring items, $0.09 better than the Capital IQ Consensus Estimate of ($0.12); revenues fell 3.1% year/year to $21.6 mln vs the $21.22 mln consensus.
Co issues upside guidance for Q2, sees EPS of ($0.17) to ($0.14), excluding non-recurring items, vs. ($0.23) Capital IQ Consensus Estimate; sees Q2 revs of $20.0 to $20.5 million vs. $17.97 mln Capital IQ Consensus Estimate. Co issues mixed guidance for FY14, sees EPS of ($0.82) to ($0.69), excluding non-recurring items, vs. ($0.90) Capital IQ Consensus Estimate; sees FY14 revs of $76.0 to $80.0 million vs. $76.23 mln Capital IQ Consensus Estimate.
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