Presidio, Inc. (PSDO) Reports In-Line Q4 EPS, Offers Outlook

Presidio, Inc. (NASDAQ: PSDO) reported Q4 EPS of $0.32, in-line with the analyst estimate of $0.32. Revenue for the quarter came in at $729.3 million versus the consensus estimate of $733.29 million.

Business Outlook

In Fiscal 2018 we expect to continue our strong execution in our Security and Cloud solution areas and our full-year Fiscal 2018 outlook is as follows:

• Total Revenue growth is expected to be approximately 5.5%;
• Adjusted EBITDA margin is expected to be in the low 8% range;
• Pro Forma Diluted EPS is expected to grow in the high single digit range; and
• Net total leverage is expected to be in the mid-2x range at the end of Fiscal 2018, excluding any strategic acquisitions.

The above forward-looking statements reflect Presidio’s expectations as of today’s date. Given the number of risk factors, uncertainties and assumptions discussed below, actual results may differ materially. Presidio does not intend to update its forward-looking statements until its next quarterly results announcement, other than in publicly available statements.

For earnings history and earnings-related data on Presidio, Inc. (PSDO) click here.

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