Beltsville, MD (PRWEB) June 06, 2012
Vocus (NASDAQ: VOCS), a leading provider of cloud marketing software, announced it will reaffirm its second quarter and fiscal year 2012 outlook, as provided in its first quarter 2012 earnings press release dated May 1, 2012, at its Analyst Day today in Baltimore.
The Company maintains its second quarter 2012 expectations. Non-GAAP revenue is expected to be in the range of approximately $43.5 million to $43.8 million. For the second quarter of 2012, GAAP revenue is expected to be in the range of approximately $42.8 million to $43.1 million. Non-GAAP EPS is expected to be in the range of $0.08 to $0.09 assuming an estimated non-GAAP weighted average 24.2 million diluted shares outstanding and an estimated tax provision of $360,000. Non-GAAP adjustments are expected to be $0.38 per share. GAAP EPS is expected to be in the range of $(0.30) to $(0.29) assuming an estimated weighted average 19.5 million basic and diluted shares outstanding.
For the full year 2012, non-GAAP revenue is expected to be in the range of $171.3 million to $172.5 million. For the full year of 2012, GAAP revenue is expected to be in the range of approximately $169.1 million to $170.3 million. Non-GAAP EPS is expected to be in the range of $0.38 to $0.40 assuming an estimated non-GAAP weighted average 24.0 million diluted shares outstanding and an estimated tax provision of $1.5 million. Non-GAAP adjustments are expected to be $1.63 per share. GAAP EPS is expected to be in the range of $(1.25) to $(1.23) assuming an estimated weighted average 19.5 million basic and diluted shares outstanding. Free cash flow is expected to range from $15.5 million to $16.5 million. Capital Expenditures are expected to be $4.0 million.
The Company is hosting an Analyst Day today from approximately 1:00 p.m. to 5:00 p.m. ET. The meeting will be held at the Marriott Baltimore Waterfront hotel in Baltimore, Maryland and will be simulcast on the Company's website at http://onlinepressroom.net/vocus/ir/ under “Webcasts and Events.” A replay of the webcast will be available approximately two hours after the conclusion of the event and will be available on our website following the presentation.
This release includes non-GAAP financial measures and adjustments. For a description of these non-GAAP financial measures and adjustments, please refer to section “Use of Non-GAAP Financial Measures” and the accompanying tables entitled “Reconciliation of Non-GAAP Measures” and “2012 Guidance – Reconciliation of GAAP EPS to Non-GAAP EPS” in our press release dated May 1, 2012 at http://www.onlinepressroom.net/vocus/ir/.
Vocus, Inc. is a leading provider of cloud marketing software that helps businesses reach and influence buyers across social networks, online and through media. Vocus provides an integrated suite that combines social marketing, search marketing, email marketing and publicity into a comprehensive solution to help businesses attract, engage and retain customers. Vocus software is used by more than 120,000 organizations worldwide and is available in seven languages. Vocus is based in Beltsville, MD with offices in North America, Europe and Asia. For further information, please visit http://www.vocus.com or call (800) 345-5572.
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This release contains “forward-looking” statements that are made pursuant to the Safe Harbor provision of the Private Securities Litigation Reform Act of 1995. These statements are predictive in nature, that depend upon or refer to future events or conditions or that include words such as “may,” “will,” “expects,” “projects,” “anticipates,” “estimates,” “believes,” “intends,” “plans,” “should,” “seeks,” and similar expressions. This press release contains forward-looking statements relating to, among other things, Vocus’ expectations and assumptions concerning future financial performance. Forward-looking statements involve known and unknown risks and uncertainties that may cause actual future results to differ materially from those projected or contemplated in the forward-looking statements. Forward-looking statements may be significantly impacted by certain risks and uncertainties described in Vocus’ filings with the Securities and Exchange Commission.
The risks and uncertainties referred to above include, but are not limited to, risks associated with possible fluctuations in our operating results and rate of growth, our history of operating losses, risks associated with acquisitions, including our ability to successfully integrate acquired businesses, risks associated with our foreign operations, interruptions or delays in our service or our web hosting, our business model, breach of our security measures, the emerging market in which we operate, our relatively limited operating history, our ability to hire, retain, and motivate our employees and manage our growth, competition, our ability to continue to release and gain customer acceptance of new and improved versions of our service, successful customer deployment and utilization of our services, fluctuations in the number of shares outstanding, foreign currency exchange rates and interest rates.