2013 Business Outlook
Inteliquent's financial estimates for 2013 are as follows:
- Revenue is expected to be $240 - $250 million.
- Adjusted EBITDA is expected to be $27 -$34 million.
- Capital Expenditures are expected to be $20 - $25 million.
"We are pleased to have outperformed on our most recent 2012 financial guidance for revenue and Adjusted EBITDA," said David Zwick, Executive Vice President and Chief Financial Officer of Inteliquent. "Looking forward to the current year, our 2013 plan is focused on driving cash flow generation via optimizing our operations and increasing our spending discipline. We recently introduced enhancements to our financial decision-making processes, which we expect to yield benefits during the year," concluded Mr. Zwick.
Conference Call & Web CastThe fourth quarter conference call will be held on Thursday, March 7, 2013 at 10:00 a.m. (ET). A live web cast of the conference call as well as a replay will be available online on the company's corporate web site at www.inteliquent.com. Participants can also access the call by dialing 1-877-941-0844 (within the United States and Canada), or 1-480-629-9835 (international callers). A replay of the call will be available approximately two hours after the call has ended and will be available until 11:59 p.m. (ET) on April 14, 2012. To access the replay, dial 1-800-406-7325 (within the United States and Canada), or 1-303-590-3030 (international callers) and enter the conference ID number: 4520845#. Cautions Concerning Forward-Looking Statements This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements, other than statements of historical fact, included in this press release regarding our strategy, future operations, future financial position, future revenues, projected costs, prospects, plans and objectives of management are forward-looking statements. The words "anticipates," "believes," "efforts," "expects," "estimates," "projects," "proposed," "plans," "intends," "may," "will," "would," and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Factors that might cause such differences include, but are not limited to: the impact of current and future regulation, including intercarrier compensation reform enacted by the Federal Communications Commission; the effects of competition, including direct connects, and downward pricing pressure resulting from such competition; the risks associated with our ability to successfully develop and market new services, many of which are beyond our control and all of which could delay or negatively affect our ability to offer or market new services; the risk that our business and the Tinet business will not be integrated successfully; technological developments; the ability to obtain and protect intellectual property rights; the impact of current or future litigation; the potential impact of any future acquisitions, mergers or divestitures; natural or man-made disasters; the ability to attract, develop and retain executives and other qualified employees; changes in general economic or market conditions, including currency fluctuations; and other important factors included in our reports filed with the Securities and Exchange Commission, particularly in the "Risk Factors" section of our Annual Report on Form 10-K for the period ended December 31, 2011 and Quarterly Reports on Form 10-Q for the periods ended March 31, 2012, June 30, 2012, and September 30, 2012, as such Risk Factors may be updated from time to time in subsequent reports. Furthermore, such forward-looking statements speak only as of the date of this press release. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.