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Exactech (EXAC) Preliminary Q4 Revs Come in Below Views; Issues Strong FY12, Q1 Outlook

January 31, 2012 9:27 AM EST
EXAC Hot Sheet
Revenue Growth %: +9.7%

Financial Fact:
Foreign currency exchange gain (loss): 223K

Today's EPS Names:
TARO, BRLI, TLB, More
Exactech, Inc. (Nasdaq: EXAC), reports preliminary fourth-quarter sales of $53.1 million. The Street sees revs of $54.1 million.

Looking forward, Exactech issued its full year 2012 revenue guidance targeting the range of $215 - $223 million and GAAP diluted EPS of $0.88 - $0.96. For the first quarter 2012, the company targets revenue in the range of $54-$57 million and diluted GAAP EPS of $0.22 - $0.24.

The Street sees FY12 revs of $206.37 million and EPS of 97 cents, while Q4 revs should be $56.7 million with EPS of 28 cents.


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