Lionbridge Technologies (LIOX) Tops Q3 EPS by 8c, Posts Q4 and FY12 Sales Guidance

November 3, 2011 9:11 AM EDT Send to a Friend
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Lionbridge Technologies (NASDAQ: LIOX) reported Q3 non-GAAP EPS of $0.09, $0.08 better than the analyst estimate of $0.01. Revenue for the quarter came in at $107.6 million versus the consensus estimate of $109.37 million.

Lionbridge Technologies sees Q4 2011 revenue of $108-$111 million, versus the consensus of $114.18 million. The Company also provided a preliminary outlook for FY 2012 with expected revenue growth of 5-10% year-on-year and gross margin improvement of approximately 100 basis points year-on-year in constant currency.


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