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EDGAR Online Increases 2011 Revenue Growth Guidance to 35%

By Insider Scoop
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Courtesy of Benzinga.

EDGAR® Online, Inc. (NASDAQ: EDGR) today announced that it has increased revenue growth guidance to be in excess of 35 percent in 2011 over 2010. The company continues to target annual revenue growth in excess of 25 percent in 2012 and 2013.

Additionally, the company has implemented certain operational and organization structural changes. As a result of these changes, management believes that the company has sufficient capital resources to fund working capital, capital expenditures and debt obligations for the next 12 months.

For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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