IncrediMail Increases 2009 Guidance for Growth; $26 Million Top-Line and $9 Million Operating Income
21 Luglio 2009 - 12:00PM
Business Wire
IncrediMail Ltd. (NASDAQ: MAIL) www.incredimail-corp.com, an
Internet company, today announced that it is increasing the
guidance previously provided regarding expected performance in
2009.
The Company currently expects 2009 revenues to exceed $26
million, and Operating Income to exceed $9 million in 2009. In
2008, revenues were $21.9 million and Operating Income $0.2
million.
The expected increase in revenues is powered by the continued
growth in search generated revenues. The Company believes that this
expected growth, coupled with the improved cost structure
maintained by management, will provide for the increase in
bottom-line guidance.
Commenting on the new guidance, Mr. Ofer Adler, Chief Executive
Officer of IncrediMail, said, “The first quarter results came in at
the top of the range of our original expectations, and we expect
the second quarter to show positive results as well, proving the
sustainability of our growth and profitability. We continue to
focus on our core business, as reflected by the recently announced
extension of our contract with Google and at the same time, we are
diligently controlling our expenditures while maintaining a lean
and effective operation. We believe these efforts will result in
continued top-line and bottom-line growth.”
About IncrediMail Ltd.
IncrediMail Ltd. (NASDAQ: MAIL) is an internet company that
develops customized, downloadable graphic consumer applications
used to generate search related revenues and designs, markets and
delivers high end personal desktop software. The company’s award
winning e-mail client product, IncrediMail Premium, is sold in over
100 countries in 10 different languages. Other products include,
HiYo a graphic add-on to instant messaging software, Magentic, a
wallpaper and screensaver software, and PhotoJoy, software for
presenting digital personal photos.
Forward Looking Statements
This press release contains historical information and
forward-looking statements within the meaning of The Private
Securities Litigation Reform Act of 1995 with respect to the
business, financial condition and results of operations of the
Company. The words “believe,” “expect,” “intend,” “plan,” “should”
and similar expressions are intended to identify forward-looking
statements. Such statements reflect the current views, assumptions
and expectations of the Company with respect to future events and
are subject to risks and uncertainties. Many factors could cause
the actual results, performance or achievements of the Company to
be materially different from any future results, performance or
achievements that may be expressed or implied by such
forward-looking statements, including, among others, changes in the
markets in which the Company operates and in general economic and
business conditions, loss of key customers and unpredictable sales
cycles, competitive pressures, market acceptance of new products,
inability to meet efficiency and cost reduction objectives, changes
in business strategy and various other factors, both referenced and
not referenced in this press release. Various risks and
uncertainties may affect the Company and its results of operations,
as described in reports filed by the Company with the Securities
and Exchange Commission from time to time. The Company does not
assume any obligation to update these forward-looking
statements.
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