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Epiq Systems maintains FY'16 outlook

Epiq SystemsInc. announced that it is maintaining its initial 2016 financialoutlook.

The company estimates operating revenue to be between $520million and $540 million, according to a May 3 news release. Adjusted EBITDAshould be between $112 million and $118 million, while adjusted EPS is expectedto be between 87 cents and 90 cents.

Epiq Systems reported first-quarter adjusted net income of$7.3 million, or 20 cents per share, compared with $5.7 million, or 15 centsper share, in the year-ago period. Net loss was $100,000, or zero cents pershare, compared with net income of $1.7 million, or 5 cents per share, in theprior-year quarter.