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Macquarie Telecom lowers EBITDA guidance

Tuesday 18 June 2013 | 02:26 CET | News
Australian business services provider Macquarie Telecom has revised its earnings guidance for the financial year ended 30 June 2013. EBITDA is now expected to be between AUD 35 and 36 million, down from the original guidance of between AUD 38 and 42 million. The downwards revision is due to revenue realisation delays from large government and corporate deals signed over the past twelve months. The company is experiencing longer than expected lead times in realising the contracted revenue of some of the larger customers moving into its new data centre facility, Intellicentre 2. In addition,

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Categories: Fixed
Companies: Macquarie Telecom
Countries: Australia
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