EPIQ Systems (EPIQ) Tops Q4 EPS by 4c; Guides FY16 EPS, Revenue Below Views
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Epiq Announces 2015 Results and Initial 2016 Financial Outlook
March 1, 2016 4:00 PM ESTKANSAS CITY, Kan., March 01, 2016 (GLOBE NEWSWIRE) -- Epiq Systems, Inc. (Epiq) (NASDAQ: EPIQ), a leading global provider of integrated technology and services for the legal profession, today announced results for its fourth quarter and year ended December 31, 2015 and preliminary 2016 outlook. Epiq will hold an investor conference call today at 4:30 pm ET (information below).
Epiqs 2015 operating revenue reached a record of $505.9 million and adjusted EBITDA reached a record of $108.4 million. Net cash from operating activities was $81.3 million and adjusted earnings per diluted share was $0.86. Operating income increased 160% to $28.1 million in 2015 from $10.8 million in 2014.
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