Higher One Inc. (ONE) Reports In-Line Q1 EPS; Guides Q2, Increases FY11 EPS Outlook
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Higher One Inc. (NYSE: ONE) reported Q1 EPS of $0.24, up from $0.19 last year and in-line with the analyst estimate of $0.24. Revenue rose 32% to $51.4 million versus the consensus estimate of $51.12 million.
Sees Q2 2011 non-GAAP adjusted diluted EPS of $0.09-$0.11, versus the consensus of $0.11. Sees Q2 2011 revenue of $33-$35 million, versus the consensus of $35.5 million.
Increases FY2011 non-GAAP adjusted diluted EPS outlook from $0.68 - $0.74 to $0.69 - $0.75, versus the consensus of $0.74.
Sees Q2 2011 non-GAAP adjusted diluted EPS of $0.09-$0.11, versus the consensus of $0.11. Sees Q2 2011 revenue of $33-$35 million, versus the consensus of $35.5 million.
Increases FY2011 non-GAAP adjusted diluted EPS outlook from $0.68 - $0.74 to $0.69 - $0.75, versus the consensus of $0.74.
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