SMART Reports First Quarter 2014 Financial Results
- Revenue of $155.9 million
- Gross margin of 43.4%
- Adjusted EBITDA of $27.5 million
- Adjusted Net Income of $16.8 million
SMART Technologies Inc. (SMT) (SMA.TO), a leading provider of collaboration solutions, today announced financial results for its first quarter ended June 30, 2013.
"We are pleased with our execution during the first quarter, which resulted in a year-over-year increase in adjusted EBITDA," stated Neil Gaydon, President and CEO of SMART. "While we remain focused on driving top line growth long-term, we are committed to operational discipline as we implement our strategy."
- Published: 08 August 2013
- Written by Editor