SIOUX FALLS, SD LodgeNet Entertainment Corp., a provider of broadband interactive television services to the hospitality industry, is participating in the Janco Institutional Investor Telecommunications Conference in Vail, CO. At its presentation, the company will review its financial and operating performance and reaffirm the growth prospects and financial expectations announced in its year 2000 annual earnings release and conference call.
LodgeNet will announce that its Hilton installation is well underway, with installations planned in 40,000 60,000 Hilton Hotel-branded rooms during this calendar year. LodgeNet will also announce that its new digital music service is ready for installment in approximately 50,000 guestrooms by the end of the year. Finally, the company will share the news that it expects to report 2001 first quarter revenue of between $50 and $53 million, EBITDA of between $17 and $18 million and net income per share between $0.51 and $0.59. (3/15/01)