KIT digital Sees Q1 Revenues of $59M vs $72.42M Est

KIT digital, Inc.

today reported preliminary results for the first quarter ended March 31, 2012. Based on preliminary unaudited information, KIT digital management expects to report revenue for the first quarter of 2012 of approximately $59 million, and a non-GAAP operating loss in the first quarter of 2012 of approximately $8 million.