Announces Preliminary Quarterly Revenue and Outlook for Fiscal Year - To Present Tomorrow at the 15 TH Annual ICR XChange Conference
Jan. 16, 2013
/PRNewswire/ - SCIO Diamond Technology Corporation (OTCBB: SCIO)
today announced a business update, including preliminary third quarter fiscal year 2013 (FY13) sales results and its outlook for the fourth quarter. The company will present a company update at the 15th Annual ICR XChange Conference to be held in
at the Fontainebleau Hotel.
Estimated FY13 Financial Results (unaudited) and Outlook
- Scio expects to report third quarter FY13 revenue of approximately $550,000.
- Scio expects fourth quarter FY13 revenue of approximately $650,000 to $725,000.
- Scio expects full-year FY13 revenues of approximately $1,260,000 to $1,330,000.
The Company's presentation at the 15th Annual ICR XChange will begin at
1:10 p.m. Eastern Time
Thursday, January 17, 2013
. Chief Executive Officer
will be speaking at the conference in the Glimmer Ballroom 3 & 4. Mr. Kelley will also host two question-and-answer sessions, at
9:15 am EST
11:30 am EST
at Table E4 in the Fontaine Fleur De Lis breakout room. Mr. Kelley will also be available for private meetings throughout the day.
A live webcast of the presentation will be available in the Investor Relations area of the Company's website at
. A replay of the webcast will be accessible at the same location.
The ICR XChange is one of the leading consumer-oriented investment conferences. Over the course of three days, more than 150 companies will present to over 1500 attendees, including buy- and sell-side analysts, the private equity community, the media, select investment banks, law firms and consultants. This event each year sets the tone for industry developments in the coming twelve months.