BeaconEquity.com announces the publication of “Beacon Enterprises (BEAC) Provides FY 2009 and FY 2010 Guidance.”
Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m
In the article the author writes:
“Beacon Enterprise Solution Group Inc. (OTCBB: BEAC), a provider of voice and data system design, installation and service, announced guidance for fiscal 2009 and 2010, ending September 30 of each fiscal year. After announcing multi-year service contracts, Beacon Enterprise estimates revenue in fiscal 2009 to reach $16 million, a jump of 170% from last fiscal year. The Louisville, KY-based company notes that it expects to exceed $1 million of operating income during fiscal 2009.”
Beacon Enterprise expects revenue for fiscal 2010 to range between $32.1 million and $47.5 million:
“Demand for network infrastructure cost containment strategies is expected to grow in the coming years as global customers initiate cost-containing measures in response to the global economic slowdown. The company has experienced growth in its network infrastructure and related management services, and believes the growth in this area is sustainable in this fiscal year and next. The company expects revenue for fiscal 2010 to range between $32.1 million and $47.5 million, representing growth rates of between 100% and 190% from last year. Net operating income is expected to range between $3.1 and $4.6 million, with earnings per share to be between 14 cents and 22 cents.”
To read the entire article visit http://www.beaconequity.com/m
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Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
