Lionbridge Technologies (LIOX) Tops Q1 EPS by 8c

Lionbridge Technologies (NASDAQ: LIOX) reported Q1 EPS of $0.08, $0.08 better than the analyst estimate of $0.00. Revenue for the quarter came in at $120.72 million versus the consensus estimate of $121.72 million.

Lionbridge Technologies sees Q2 revenue of $129-133 million, versus the consensus of $130.34 million.

"As we begin the second quarter we are seeing strong revenue and earnings momentum. Our marketing offerings continue to scale, our new onDemand platform is ramping ahead of plan and we are growing our recurring revenue relationships with clients across diverse end markets," said Rory Cowan, CEO, Lionbridge. "Most importantly, we continue to deliver strong conversion of incremental revenue to profit year-on-year. With a positive demand environment and our highly-efficient online delivery models, we expect a positive second quarter and ongoing strength for the remainder of FY 2014."

For earnings history and earnings-related data on Lionbridge Technologies (LIOX) click here.

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