EPIQ Systems (EPIQ) Tops Q1 EPS by 6c, Reaffirms Outlook

EPIQ Systems (NASDAQ: EPIQ) reported Q1 EPS of $0.20, $0.06 better than the analyst estimate of $0.14. Revenue for the quarter came in at $131.5 million versus the consensus estimate of $125.63 million.EPIQ Systems reaffirmed FY2016 guidance.

2016 Financial Outlook

Based on current expectations, Epiq maintains its initial 2016 financial outlook and estimates operating revenue for 2016 between $520 million and $540 million, adjusted EBITDA between $112 million and $118 million, and adjusted earnings per share between $0.87 and $0.90. This guidance includes a number of assumptions based on current facts and expectations, which are subject to change.

For earnings history and earnings-related data on EPIQ Systems (EPIQ) click here.

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