CrowdGather, Inc. announced a general corporate update in advance of the company's anticipated July 2013 financial results announcement for the fiscal year ended April 30, 2013. The company anticipates that revenue for the fiscal year ended on April 30, 2013 will approximate or exceed the total revenue from the fiscal year ended on April 30, 2012. As previously disclosed, the company also reduced its operating expenses by nearly 45% with no significant impact to revenue to date, and are currently projecting an annualized operating expense run rate of approximately $2.2 million.
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- CrowdGather, Inc. Provides Financial Guidance for the Year Ended April 30, 2013