China Finance Online Co. announced that it will maintains its guidance for fiscal 2011 and net revenues guidance of $55 million, Non-GAAP net income, which is defined as net income excluding share-based compensation expenses and non-cash goodwill and investment impairment, is anticipated to be a loss of $1 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $55 million.
Source:reuters