Connecture (CNXR) Prelim. Q4, FY14 Revs Outpace Estimates
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Connecture (NASDAQ: CNXR) announced that it expects revenue for fourth quarter 2014 to be in the range of $26 million to $28 million, and revenue for full year 2014 to be in the range of $83 to $85 million. The Company is making this announcement in anticipation of its presentation at the Raymond James 36th Annual Institutional Investors Conference on March 4, 2015.
*** The Street sees Q4 revs of $24.8 million and FY15 revs of $81.2 million.
As the Company has not completed its fourth quarter and year-end close and the audit of its 2014 financial statements is not complete, the revenue expectations presented in this press release are preliminary, and, therefore, subject to final year-end closing adjustments and may change. The preliminary revenue results presented in this release are based solely upon information available as of the date of this release, are not a comprehensive statement of our financial results or positions as of or for the 2014 fiscal year, and have not been audited, reviewed, or compiled by our independent registered public accounting firm.
The Company expects to issue fourth quarter and full year 2014 financial results and 2015 financial guidance during its fourth quarter and full year 2014 results conference call on March 10, 2015.
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