Cognition Holdings Limited Provides Earnings Guidance for the Year Ended June 30, 2016
August 12, 2016 at 09:11 am
Cognition Holdings Limited provided earnings guidance for the year ended June 30, 2016. For the year, the company’s earnings per share is expected to be between 10.81 cents and 12.67 cents, reflecting a decrease of between 32% and 42% compared to the EPS of 18.63 cents for the year ended 30 June 2015 and the headline earnings per share (HEPS) is expected to be between 10.76 cents and 12.62 cents, reflecting a decrease of between 32% and 42% compared to the HEPS of 18.56 cents for the year ended 30 June 2015. The decrease is primarily due to a further decline in faxing volumes.