Betfair Lifts Earnings Outlook

lifted its guidance for fiscal 2015. Betfair's revenue for the third quarter climbed 20% to 114.6 million pounds ($175.5 million), while earnings before tax depreciation and amortization rose 17% to GBP23.6 million from GBP20.2 million. The company now projects full-year core earnings of £113 million to £118 million, versus earlier forecast of £97 million to £103 million.