FAB Universal revises revenue projection for fourth quarter

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FAB Universal, a Shadyside-based digital entertainment company formerly known as Wizzard Software, announced that it expects revenues to exceed $23 million for the fourth quarter.

A company news release noted the projections could change during completion of annual closing but said management believes the projections "have a reasonable basis."

"Our team has done a fantastic job of integrating our recent acquisition of FAB while continuing to grow our digital media distribution business," Chris Spencer, FAB Universal chief executive officer, said in a press release. "We believe we will see substantial growth throughout 2013 as well."

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Deborah M. Todd: dtodd@post-gazette.com or 412-263-1652.


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