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BRIEF-Intertain announces Qtrly adjusted share $0.59

Published 2016-03-09, 04:56 p/m
© Reuters.  BRIEF-Intertain announces Qtrly adjusted share $0.59
ITX
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March 9 (Reuters) - Intertain Group Ltd IT.TO :
* Announces fourth quarter and fiscal 2015 financial results, commencement of
review to enhance shareholder value, and board renewal
* Says initiated a process to identify, examine and consider a range of
strategic options available to the company
* Sees full year total revenue of $384.5 million versus previously stated
guidance of $365 million to $375 million
* Says received many expressions of interest in acquiring all or material parts
of its business
* Special committee of three directors has been appointed to lead this review
process
* Special committee has retained canaccord genuity as its financial advisor and
osler, hoskin & harcourt llp as its legal advisor
* Qtrly adjusted earnings per share $0.59
* Qtrly total revenue and other income $136.9 million versus $18.3 million
* Qtrly loss per share $1.92
* Sees 2016 total revenue of $460 million to $500 million; diluted adjusted net
income per share of $1.87 to $2.13
* Says david danziger has been appointed chairman of the board, effective
immediately
* Says stan g. dunford and mark Redmond have stepped down as directors of the
company

* Source text for Eikon Further company coverage IT.TO

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