Image Entertainment (DISK) Reports Preliminary Q1 Revenues; Reiterates FY09 Outlook
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Image Entertainment, Inc. (NASDAQ: DISK) expects its fiscal 2009 first quarter reported net revenues to exceed $31 million.
The Company also reiterates that it expects net revenues for fiscal 2009 will be in the range of $115 million to $125 million. The Company is not providing specific earnings guidance for the first quarter or the full year but anticipates that it will be profitable for fiscal 2009. (Consensus is $105 million - only 1 analyst)
Image Entertainment, Inc. is a vertically integrated independent home entertainment content supplier engaged in the acquisition, production and worldwide distribution of content for release on a range of formats and platforms. [SM]
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