Incredimail Raises Guidance - Stock Should Really Trade Higher - trackseekingalpha

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Incredimail Raises Guidance - Stock Should Really Trade Higher
Nov 02, 2009 03:12 PM UTC

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Via Long Investment Ideas from Seeking Alpha:

Incredimail (MAIL) raised guidance today to $27MM in revenues for 2009 and $11MM in operating profit. Per the Company's press release, MAIL is highly profitable and cranking on all cylinders, as I have written before.

The continued increase in expected revenues is driven by the growth in search generated revenues. IncrediMail’s expected increased profitability and higher bottom-line guidance, is a result of anticipated increasing revenues and effective cost management, maintaining an operating income margin of above 40%.

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