Realbiz Media Group, Inc. Provides Revenue Guidance for the Third Quarter Ending July 31, 2017, Fourth Quarter Ending October 31, 2017 and Full Year Ending October 31, 2017
February 08, 2017 at 06:19 am EST
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RealBiz Media Group, Inc. provided revenue guidance for the third quarter, fourth quarter and full year of fiscal 2017. Revenue for the third quarter of fiscal 2017 (ending July 31, 2017) is expected to be approximately $20 million.
Revenue for the fourth quarter of fiscal 2017 (ending October 31, 2017) is expected to be approximately $30 million.
Revenue is expected to total at least $50 million for the full year fiscal 2017 (ending October 31, 2017).
Verus International, Inc. is a multi-line consumer packaged goods (CPG) company developing branded product lines in the United States and on a global basis. The Company is focused on international consumer packaged goods, foodstuff distribution and wholesale trade. The Company markets its consumer food products under its own brand primarily to supermarkets, hotels, and other members of the wholesale trade. The Company provides frozen foods, particularly meat, poultry, seafood, vegetables, and French fries with beverages. It also provides cold-storage facilities and is seeking sources for fresh fruit, produce and similar perishables, as well as other consumer packaged foodstuffs. The Company has its regional presence in the Middle East and North Africa (MENA) and sub-Saharan Africa, with deep roots in the Gulf Cooperation Council (GCC) countries, which includes the United Arab Emirates (UAE), Oman, Bahrain, Qatar, Kingdom of Saudi Arabia and Kuwait.
Realbiz Media Group, Inc. Provides Revenue Guidance for the Third Quarter Ending July 31, 2017, Fourth Quarter Ending October 31, 2017 and Full Year Ending October 31, 2017