Coinstar also has revised its initial outlook for full year 2011 and now expects revenue between $1.70 billion and $1.85 billion, adjusted EBITDA from continuing operations between $325 million and $355 million, and GAAP EPS from continuing operations between $2.60 and $3.10, based on a share count of 33.3 million.
The results provided in this press release are preliminary and subject to completion and review of the 2010 financial statements by the company as well as review by the company's independent auditors and audit committee.
Coinstar plans to report final results for the 2010 fourth quarter and full year on February 3, 2011, after the market close. Management will host a conference call that day at 2 p.m. PST (5 p.m. EST) to review the results in more detail and discuss 2011 guidance. The conference call will be webcast live and archived on the Investor Relations section of Coinstar's website at www.coinstar.com. A recording of the call will be available approximately two hours after the call ends through Feb. 17, 2011, at 1-888-286-8010 or 1-617-801-6888, passcode 42299302.