Atento S.A. (ATTO) Tops Q1 EPS by 2c

Atento S.A. (NYSE: ATTO) reported Q1 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $419 million versus the consensus estimate of $431.79 million.

Fiscal 2016 Guidance

The Company expects to operate in a challenging growth environment in many of its markets during the balance of 2016. In this environment, the Company remains focused on driving the optimal balance of profitable growth and liquidity, strengthening its balance sheet and maintaining financial flexibility. By continuing to execute on its priorities for Fiscal 2016, including tight cost controls and disciplined capital allocation, the Company is well-positioned to outperform the market, increase its leadership position in Latin America, and remain the reference partner for the CRM BPO needs of its clients.

For the full year Fiscal 2016, the Company expects:

• Consolidated revenue growth in the range of 1% to 5%, in constant currency.
• Adjusted EBITDA margin in the range of 11% to 12%, in constant-currency.
• Non-recurring items, which are included as add-backs in adjusted EBITDA, of approximately $15 million with roughly two-thirds expected in the first-half of the year as the Company continues to align its cost structure with prevailing market conditions.
• Net interest expense in the range of $60 million to $65 million.
• Debt pay down of $27 million.
• Cash capital expenditures of approximately 5% of revenue, reflecting investments in both growth and maintenance.
• Effective tax rate of approximately 32%.
• Fully diluted share count of approximately 73.8 million shares.

For earnings history and earnings-related data on Atento S.A. (ATTO) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Silexion Therapeutics (SLXN) Tops Q2 EPS by 793c
• Algorhythm Holdings (RIME) Tops Q2 EPS by 54c