CEVA projects $100 million 3rd quarter EBIDTA
Global logistics company CEVA said Thursday it is expecting third quarter operating profit of 66 million euros to 70 million euros ($98 million to $104 million).
The company gave a preliminary estimate ahead of its third quarter results, which will be announced Nov. 19. CEVA projects revenue in the 1.3 billion to 1.4 billion euros ($1.9 billion to $2.1 billion) range.
'CEVA is advising that the business has seen the market continue along a similar trend in all markets as witnessed in (the second quarter 2009),” the company said.
CEVA projects $100 million 3rd quarter EBIDTA
