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ADJUSTED GUIDANCE FROM AMAYA POINTS TO MIXED EXPECTATIONS
21st January, 2016 at 15:46:49
2015 FY details expected soon.
Online gambling behemoth Amaya Inc., published an update today (Thursday) to its 2015 full-year financial guidance as previously announced on November 10, 2015.
Amaya said it anticipates full year 2015 revenues and adjusted earnings per share at the upper end of previous guidance, but that the adjusted net leverage ratio may fall within the lower end of the previously announced guidance range.
In November 2015 Amaya guided 2015 revenues in a range of $1.02 to $1.06 billion, topping a Wall Street estimate of $904 million. The company projected adjusted EPS in a range of $1.32 to $1.39, exceeding an estimate of $1.20. Shares in the company are at $10.02 in a 52-week range of $14.10
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