Horizon Discovery Group plc Provides Revenue Guidance for the Year Ended December 31, 2019 and Fiscal Year 2020
February 04, 2020 at 02:00 am EST
Horizon Discovery Group plc provided revenue guidance for the year ended December 31, 2019. For the period, the company expects revenues from continuing operations of approximately £58.3 million, approximately £56.7 million on a constant currency basis, representing growth of approximately 8% compared to the prior year and approximately 5% on a constant currency basis.
The company expects revenue growth in fiscal year 2020 to be in-line with expectations, and for the increased investments to reduce fiscal year 2020 EBITDA to a marginal loss for the year.