PFSweb (PFSW) Tops Q2 EPS by 5c; Revises FY16 adj.-EBITDA Outlook
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PFSweb (NASDAQ: PFSW) reported Q2 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $77.2 million versus the consensus estimate of $70.74 million.
The company is revising its target for adjusted EBITDA and now expects it to range between $21.5 million to $23.5 million (previously $23 million to $25 million), reflecting growth of 4% to 14% from 2015. These targets include the expected impact of the Conexus acquisition, lower than previously targeted revenue and profit contribution from the company's CrossView business, as well as incremental sales, marketing, and other infrastructure expenditures to support certain new client activity and the company's targeted future growth.
For earnings history and earnings-related data on PFSweb (PFSW) click here.
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