Premier Exhibitions Provides Earnings Guidance for the Fiscal Year Ending February 2015, 2016 and 2017
For fiscal 2016, the company is currently forecasting EBITDA of $17 million. The key drivers of the growth from 2015 to 2016 are a full year of New York operations, the introduction of Ice Age and one other piece of new content, plus the continued success of its other permanent locations and consistent revenues from its existing exhibition content.
While fiscal 2017 is a long way off, the company's strategic plan calls for $18 million of EBITDA. The main bridge from fiscal 2016 to fiscal 2017, is one additional piece of new content.