logo
Share SHARE
FONT-SIZE Plus   Neg

Blinkx Sees Annual Revenues Of $245 Mln - $247 Mln - Quick Facts

Blinkx Plc (BLNX.L), in its trading update for fiscal 2014, said it expects revenues to be in the range of $245 million - $247 million and adjusted EBITDA of $37 million - $39 million, in line with market view.

As announced earlier, the company would host a Capital Markets Day for Institutional Investors and Analysts in London today, which would include presentations by both the company and representatives from the online advertising ecosystem, followed by a panel discussion.

Today, blinkx also published a detailed response to a blog post dated January 28, 2014, that questioned its business model and practices. blinkx strongly refuted the assertions made in the blog at the time it was published.

"We are pleased with the performance of the business in FY2014, particularly with the successful integration of Rhythm in mobile video, despite the obvious distractions in the last quarter of the financial year," said Brian Mukherjee, Chief Executive Officer of blinkx.

The company expects to announce its fiscal 2014 results on May 6, 2014.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Online retail giant Amazon.com Inc. (AMZN) is reportedly in talks to buy luxury online fashion retailer Net-a-Porter. The news of acquisition was first reported by Women's Wear Daily, which said the deal would be completed for about 2 billion euros, indicating the biggest acquisition yet by Amazon.... Tim Cook, the CEO of tech giant Apple Inc., in an interview said he intends to give away all his wealth to charity. Cook, in an interview to Fortune, said he plans to donate all his wealth to philanthropic projects after paying for his 10-year old nephew's college education. According to Fortune,... Is it a 'personal life crisis' that led the Germanwings' co-pilot Andreas Lubitz to deliberately lowering the plane carrying 149 people to French Alps mountain? Police is investigating to find evidences to prove this suggestion.
comments powered by Disqus
Follow RTT