U.S. Markets open in 3 hrs 18 mins

Presidio: Fiscal 1Q Earnings Snapshot

NEW YORK (AP) _ Presidio Inc. (PSDO) on Wednesday reported fiscal first-quarter net income of $14.7 million.

On a per-share basis, the New York-based company said it had profit of 15 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 42 cents per share.

The information technology company posted revenue of $749.9 million in the period.

Presidio expects full-year revenue in the range of $2.85 billion to $2.9 billion.

Presidio shares have fallen 26 percent since the beginning of the year. The stock has decreased 10 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PSDO at https://www.zacks.com/ap/PSDO