Advo Lowers Q3, Yearend Forecast
The company expects third quarter revenue of $278 million to $280 million, down slightly from $281.8 million last year. Net income is projected to be $12 million to $13 million, excluding special charges, versus $13.5 million last year.
Revenue for the fourth quarter is expected to be $290 million to $295 million, up slightly from $286.1 million last year, and revenue is expected to be $13 million to $14 million. Yearend revenue is expcted to be the same or slightly lower than last year's 1.1 billion.