Praemium Ltd. Provides Earnings Guidance for the Second Half and Full Year of Fiscal Year 2012
July 09, 2012 at 06:51 pm EDT
Praemium Ltd. provided earnings guidance for the second half and full year of fiscal year 2012. The company announced that it is forecasting a maiden breakeven underlying EBITDA result for the second half of fiscal year 2012.
For the full year of fiscal year 2012, the company expects EBITDA loss of $1.6 million before restructuring and impairment costs, representing a 68% improvement on the prior financial year.