BMP Sunstone (BJGP) Reports Q1 Adj-EPS of $0.07; Backs FY09 Outlook
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BMP Sunstone Corporation (Nasdaq: BJGP) reports Q1 non-GAAP EPS of $0.07, 8 cents better than the analyst estimate of ($0.01) and compared to breakeven earnings during the same quarter last year. Revenue for the quarter was $39.3 million, versus the consensus of $23.88 million.
Reiterates its FY09 outlook: sees sales up at least 35% to $150-$160 million, which compares to the Street estimate of $154.52 million. EBITDA is expected to reach $16-$18 million, and non-GAAP net income is expected to reach $9-$11 million.
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