PacificNet (NASDAQ:PACT) updated its FY13 earnings guidance on Thursday. The company provided EPS guidance of at least $0.64 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.66, AnalystRatings.NET reports. The company issued revenue guidance of at least $668 million, compared to the consensus revenue estimate of $671.75 million.
Shares of PacificNet (NASDAQ:PACT) opened at 7.07 on Thursday. PacificNet has a 52-week low of $4.95 and a 52-week high of $8.32. The stock’s 50-day moving average is $6.81 and its 200-day moving average is $6.60. The company’s market cap is $605.5 million.
PacificNet (NASDAQ:PACT) last released its earnings data on Thursday, November 21st. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The company had revenue of $173.10 million for the quarter, compared to the consensus estimate of $172.22 million. During the same quarter last year, the company posted $0.33 earnings per share. PacificNet’s revenue was up 117.5% compared to the same quarter last year. On average, analysts predict that PacificNet will post $0.64 earnings per share for the current fiscal year.
PacificNet Inc (NASDAQ:PACT) is a developer and provider of gaming technology for the land-based, online and mobile game operators in Asia.
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