Second quarter adjusted constant currency revenue growth is expected to be in the range of 3% to 5%. Based on current exchange rates, our expectations assume a 1.5-point negative impact of foreign exchange rates compared with the prior year. Additionally, our expectations exclude an expected revenue contribution of approximately $49M in second quarter revenue from acquired operations not included in the full prior year results. Based on the above assumptions, we expect second quarter reported revenue in the range of $1.64B to $1.67B. Operating income is expected to be in the range of $167M to $177M and non-GAAP operating income is expected to be in the range of $225M to $235M .The effective tax rate is expected to approximate 26%.
Published first on TheFly
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