Presidio: Fiscal 1Q Earnings Snapshot

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.

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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

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