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."
First Published December 12, 2012 11:53 am