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GSI Group Announces Financial Results for the Third Quarter 2013
Date:11/5/2013

stments and acquisitions.  Thus, investors should expect us to be opportunistic in the near-term regarding the share repurchase program."Financial OutlookFor the fourth quarter of 2013, the Company expects revenue from continuing operations of between $87 million and $89 million.  On a reported basis, revenue is expected to increase 31% to 34%, compared to the fourth quarter of 2012.  Excluding the impact of the NDS acquisition and changes in foreign exchange rates, revenue is expected to increase 4% to 6%, compared to the fourth quarter of 2012.

The Company expects Adjusted EBITDA to be in the range of $13 million to $14 million for the fourth quarter of 2013.  In addition, the Company expects Net Debt, a non-GAAP financial measure, at the end of the year to be approximately $15 million, excluding any debt that may be incurred or assumed in connection with any future acquisitions and excluding any share repurchases.

Conference Call Information The Company will host a conference call on Tuesday, November 5, 2013 at 5:00 p.m. EST to discuss these results. John A. Roush, Chief Executive Officer, and Robert Buckley, Chief Financial Officer, will host the conference call.To access the call, please dial (877) 482-5124 prior to the scheduled conference call time.  The conference ID number is 9407 6607.

A playback of this conference call will be available beginning 6:00 p.m. EST, Tuesday, November 5, 2013. The playback phone number is (855) 859-2056 or (404) 537-3406 and the code number is 9407 6607. The playback will remain available until 8:00 p.m. EST, Friday, November 15, 2013.

A replay of the audio webcast will be available four hours after the conclusion of the call on the Investor Relations section of the Company's web site at: http://www.gsig.com.  

Use of Non-GAAP Financial Measures The non-GAAP financial measures used in this press release are non-GAAP gross
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SOURCE GSI Group Inc.
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