Dolan Media beats by $0.02, beats on revs and EBITDA; guides FY08 revs in-line

Briefing.com

Posted: 2008-05-06 16:10:00

Reports Q1 (Mar) earnings of $0.16 per share, $0.02 better than the First Call consensus of $0.14; revenues rose 16.3% year/year to $41.5 mln vs the $40.9 mln consensus. Adjusted EBITDA was $13.5 mln vs prior guidance of $11.5-12.0 mln and vs consensus pf $12.0 mln. Co issues in-line guidance for FY08, sees FY08 revs of $168-178 mln vs. $175.2 mln consensus and expects adjusted EBITDA of $50-55 mln.