Points International (PTSEF.OB) Issues Business, Financial and Exchange-Related Update
Points International Ltd., owner and operator of reward program management Website Points.com, today announced a business update and issued an update for its full year 2010 financial guidance, preliminary financial guidance for 2011, and an update on the company's previously announced share consolidation. For the 12 months ended December 31, 2010, the company updated its guidance, stating that it anticipates revenues of approximately $95 million, which is at the high-end of the company's previous guidance range of $85 million to $95 million, representing year-over-year anticipated revenue growth of approximately 19 percent. Net income, which is expected to be positive on…