Digital Generation Inc (NASDAQ:DGIT) reported on Tuesday that it predicts Q1 revenue to be in the range of $90M to $92M.
CEO and President of DG, Neil Nguyen stated that their online segment persists to make good progress and attained double-digit growth. Their revenues benefited from equally strong online video revenues plus adoption of their data driven products and services.
The firm as well anticipates full year 2013 revenues in the range of $370M to $400M.
Analysts polled by Thomson Reuters at present predict the firm to declare revenue of $92.94M for the Q1 and $397.20M for the full year 2013.
Moving readers toward the broader market, let’s consider percentage change in stocks prices of other stocks in the similar sector who contribute major role in the market that includes RR Donnelley & Sons Co (NASDAQ:RRD) rose +4.50%, Vantiv Inc (NYSE:VNTV) edged up +0.13%, Global Payments Inc (NYSE:GPN) which also increased +0.77% and Alliance Data Systems Corporation (NYSE:ADS) closed down -0.47%.
Digital Generation Inc (NASDAQ:DGIT) stock’s trade at beginning with a price of $5.91 and throughout the trading session climbed at a high of $6.03 other than when day-trade ended the stock finally advanced +1.35% to $5.99.
The stock is going forward its 52 week low with 3.63% and lagging behind from its 52 week high price with -54.62%. DGIT last month stock price volatility remained 3.88%.
DGIT stock institutional ownership remained 81.35% while insider ownership included 7.86%. In its share capital DGIT has 27.67 million outstanding shares among them 22.49 million shares have been floated in market exchange.
Company’s beta coefficient included 1.37. Beta factors measures the amount of market risk associated with market trade.
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