ID Watchdog Announces Updated Guidance for Fourth Quarter 2016 and First Quarter 2017

ID Watchdog (TSXV:IDW,OTC:IDWAF) announced that the Company is updating its revenue, operating income and Adjusted EBITDA guidance for the fourth quarter ending December 31, 2016 and also providing first quarter 2017 guidance.
As quoted in the press release:

For the fourth quarter, ID Watchdog anticipates revenue from our Employee Benefit Channel and total revenue will be approximately $2,285,000 and $2,604,000, which represents increases increase of approximately 112% and 83%, respectively, compared to the fourth quarter of 2015.   Also, ID Watchdog anticipates fourth quarter 2016 operating income and Adjusted EBITDA of approximately $181,000 and $300,000, respectively, with our Adjusted EBITDA margin as a percent of total revenues of 11.5%.

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