Harris Interactive sees sales challenge after flat results
Revenues for Harris’ fiscal Q3 were $33.6m compared with $34.1m in 2012 while for the nine months ending 31 March 2013, revenues came in at $103.7m compared with $111m the previous year.
Operating income improved at $1.1m in Q3 as opposed to a $0.4m loss in the previous third quarter 2012, while year-to-date saw an operating income of $6m compared with a $2.3m loss in 2012.
As a result, the company has raised its adjusted EBITDA guidance for the fiscal year ending 30 June 2013 to between $14m and $15m with a full fiscal 2013 revenue guidance of between $139m and $141m.
Harris Interactive president and CEO Al Angrisani said: “Sales remain a challenge, but essentially flat year-to-date sales versus the prior year are indicative of a gradual improvement across many, but not all, of our business units.”
We hope you enjoyed this article.
Research Live is published by MRS.
The Market Research Society (MRS) exists to promote and protect the research sector, showcasing how research delivers impact for businesses and government.
Members of MRS enjoy many benefits including tailoured policy guidance, discounts on training and conferences, and access to member-only content.
For example, there's an archive of winning case studies from over a decade of MRS Awards.
Find out more about the benefits of joining MRS here.
0 Comments