Intertain Ups 2015 Full Year Guidance

INTERTAIN UPS 2015 FULL YEAR GUIDANCE

12th January, 2016 at 04:52:07
Source: http://www.azonlinecasinos.com

No mention of investigation into share price dip.

The Canadian online gambling company Intertain Group Limited has issued a FY 2015 guidance indicating that it expects to exceed previously reported guidance.

Intertain's updated guidance is as follows:

* Total revenue of $365 million to $375 million as compared to the previously reported guidance of $325 million to $355 million;

* Total Adjusted Net Income of $104 million to $109 million as compared to the previously reported guidance of $93 million to $106 million;

* Diluted Adjusted Net Income Per Share of $1.60 to $1.67 as compared to the previously reported guidance of $1.40 to $1.60.

"These changes to our 2015 guidance reflect the solid and consistent growth across our combined businesses," said John Kennedy FitzGerald, President and CEO of Intertain. "The company continues to generate strong cash flow from operations and we are excited about the future. I want to thank our dedicated team who have helped us to surpass our guidance this year."

The statement made no reference to the dramatic decline in its share price late last year and the investigation it subsequently launched into possible inappropriate activity by third parties (see previous report).

Related News Tags:



« News index »



NEKTAN IN DISTRIBUTION DEAL WITH HIGH 5 GAMES

29th March, 2017 at 15:16:22
Significant development for Nektan.

BAAZOV SELLS A THIRD OF HIS DOMINANT STAKE IN AMAYA ONLINE GAMBLING GROUP

08th March, 2017 at 11:38:44
Former CEO sells off 7 million shares worth a total of Cdn 133 million...and still has plenty more at home.

GOOD FULL YEAR PERFORMANCE FROM CHURCHILL DOWNS ONLINE

01st March, 2017 at 14:29:38
But impacted by decline in social casino bookings.

CANADIAN PROVINCE WRITES OFF DEBT INCURRED IN INFAMOUS ONLINE GAMBLING VENTURE (Update)

19th January, 2017 at 08:52:03
Cost to the taxpayer at least Cdn1.5 million, says Auditor General.

WILLIAM HILL OPERATING PROFITS DOWN GBP 30 MILLION IN LATEST FULL YEAR REPORT

09th January, 2017 at 08:59:45
Unfavourable football and horse racing results mar the balance sheet.