Somoto Ltd. provided preliminary guidance for the third quarter, fourth quarter and full year of 2016. For the third quarter, revenue is expected to total $11.3-11.6, rising 82-87% compared with the corresponding quarter in 2016, as well as a slight, 1-3%, rise in revenue from the last quarter. The EBITDA is expected to be $3.4-3.7 million, a 95-97% jump from the corresponding quarter and a 25% decline from the last quarter. As for the fourth quarter, the company provides a strong forecast predicting $17-18 million revenue, which reflects 119-143% growth compared with the fourth quarter of 2015. As a result, the company's annual revenue of 2016 may reach $50 million, reflecting 70% growth compared with 2015, and $16.1-17.0 million EBITDA, 72-80% rise from 2015.