Intrinsyc Technologies Corporation Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ended December 31, 2015
January 14, 2016 at 09:57 pm IST
Intrinsyc Technologies Corporation provided earnings guidance for the fourth quarter and fiscal year ended December 31, 2015. For the quarter, the company expects revenue to be in the range of $3.9 million to $4.1 million, up from $2.6 million in the fourth quarter of fiscal 2014. adjusted EBITDA is expected to be between $850,000 and $950,000, up from $65,000 in the fourth quarter of fiscal 2014.
For the full year, the company expects revenue to be in the range of $12.4 million to $12.6 million, an increase from $10.1 million for fiscal 2014. Adjusted EBITDA is expected to be between $1.6 million and $1.7 million, an increase from $400,000 in fiscal 2014.