Q: Can you comment on quarterly update please?
5i Research Answer:
EPS of $2.00 beat estimates of $1.93. Revenue of $1.235B beat estimates of $1.21B. EBITDA of $198M was 2% ahead of estimates. Revenue rose marginally. Guidance called for revenue growth of 5% to 10% this year, but with EPS growth higher at 10% to 20%. Results were a sigh of relief for investors and the guidance is decent. It is still closely tied to interest rates but these results are decent.