Silverstar Holdings Lifts Q4 Operating EPS View; Revises Revenue Outlook - Quick Facts

(RTTNews) - Silverstar Holdings Ltd. (SSTR) on Wednesday reported preliminary estimated results for its fourth quarter ended June 30, 2007. The company currently expects revenues in the range between $11.5 and $11.9 million, compared to previous guidance in range of $10.5-$12.5 million.

Operating income for the quarter is now expected in the range of $1.6-$1.9 million or $0.15-$0.18 per share, compared to earlier guidance of $0.4-$1.7 million.

Quarterly EBITDA is now estimated to range between $4.0 million and $4.4 million or between $0.40 and $0.44 per diluted share.

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