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Stock Market & Financial Investment News

News Breaks
November 26, 2013
10:35 EDTVIDEVideo Display now sees FY14 EPS ex-gain 14c-16c
The company said it had issued previous guidance for FY14 year end, however, due to the sale of VDC's Aydin Displays subsidiary, the anticipated December 2013 sale of its Z-AXIS Inc subsidiary and the potential sale of its Lexel Imaging subsidiary, the previously issued guidance of the consolidated operations no longer remains valid and requires revision. Revised guidance, which recognizes the completion of the August 30 Aydin Displays sale and assumes a December sale of Z-AXIS, is 14c-16c per share, excluding the potential gain on the Z-AXIS transaction, based upon FY14 revenue $40M-$42M.
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