ZAGG Inc Updates 2014 Guidance

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Go back to ZAGG Inc Updates 2014 Guidance

ZAGG, Inc. (ZAGG) Boosts FY14 Outlook

December 17, 2014 4:06 PM EST

ZAGG, Inc. (NASDAQ: ZAGG) released updated financial guidance for fiscal year 2014. The Company stated that net sales are forecast to be in a range of $250 - $255 million from a previous range of $225 - $235 million, with corporate gross margin in the low 30's versus the previously forecast of high 20's, and Adjusted EBITDA in a range of $30 - $32 million versus the previous forecast of $15 - $20 million.

*** The Street sees FY14 revs of $232.5 million.

"I'm very pleased with the strong finish to the year,... More