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News Breaks | | | | February 7, 2013 | | 16:19 EDT |  | RENT | Rentrak says confident in ability to continue growing AMI revenue
Rentrak said that it remains confident in its ability to continue generating substantial growth in AMI revenue, including doubling TV revenue annually over the next three years, with gross margins in the 50% range over the long-term, with variability due to fixed cost agreements and generating 12% annual Box Office revenue growth with some year-to-year variability, and gross margins in the 75% range. The company also noted that it expects OnDemand Everywhere revenue growth to be approximately 15% for Q4 and revenue in its Home Entertainment business to decline for Q4, but at a slower rate than in Q3. | |
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