SITO Mobile, Ltd. Announces Unaudited Earnings Guidance for the First Quarter Ended March 31, 2017
April 27, 2017 at 04:58 pm EDT
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SITO Mobile Ltd. announced unaudited earnings guidance for the first quarter ended March 31, 2017. For the quarter, the company expects total revenue in the range of $6.6 million - $6.7 million; gross profit In the range of $3.4 million - $3.5 million; depreciation and amortization expense of approximately $160,000 and interest expense of approximately $400,000.
SITO Mobile, Ltd. develops customized, data-driven solutions for brands spanning strategic insights and media. The Company's platform reveals an understanding of customer interests, actions and experiences providing clarity for clients when it comes to navigating business decisions. Using in-store targeting, proximity targeting, geo-conquesting and attribution data, the platform creates audience profiles to develop measurable targeted campaigns for brands. Its real-time, location-based technology gives clients the advantage of understanding the future of retail and consumer behavior. Its solutions include research, which provides data-driven problem solving; execution, which provides personalized, location-based advertising; measurement, which offers closed-loop attribution solutions; and insights, which provides decision-making solutions for businesses.