Top-News
Dienstag,
28.02.2017 22:05
von
PR Newswire
| Aufrufe: 34
XO Group Reports Fourth Quarter and Full Year 2016 Financial Results
Wirtschaftsnachrichten (Symbolbild).
pixabay.com
PR Newswire
NEW YORK, Feb. 28, 2017
NEW YORK, Feb. 28, 2017 /PRNewswire/ -- XO Group Inc. (the "Company") (NYSE: XOXO, xogroupinc.com), today reported financial results for the three months and full year ended December 31, 2016.
Total revenue for the fourth quarter of 2016 was $41.0 million, up 8% compared to the same period in the prior year. Net income for the quarter was $3.4 million or $0.13 per diluted share compared to a loss per share of $0.09 in the prior year quarter. The Company's balance sheet at December 31, 2016 reflects cash and cash equivalents of $105.7 million compared to $88.5 million at December 31, 2015.
"During the year, we made significant improvements to our consumer-facing products and our local wedding vendor marketplace that improved engagement and drove more value to our couples and our wedding pros. In 2017, we look forward to continuing to capitalize on our market leading position in weddings by more deeply engaging the couples we serve, intensifying our local sales efforts, and expanding guest and registry services," said Mike Steib, Chief Executive Officer.
Long-Term Financial Targets
The Company's long-term financial targets are double digit revenue growth rates and gross margins of approximately 90-95%, yielding adjusted EBITDA margins of 20%.
|
XO GROUP INC. CONSOLIDATED STATEMENTS OF OPERATIONS (Amounts in Thousands, Except for Per Share Data) (Unaudited)
| |||||||||||||||
| | |||||||||||||||
| | Three months ended December 31, | | Twelve months ended December 31, | ||||||||||||
| | 2016 | | 2015 | | 2016 | | 2015 | ||||||||
| Net revenue: | | | | | | | | ||||||||
| National online advertising | $ | 11,789 | | | $ | 10,545 | | | $ | 38,945 | | | $ | 35,764 | |
| Local online advertising | 18,368 | | | 17,481 | | | 70,239 | | | 65,941 | | ||||
| Online advertising | $ | 30,157 | | | $ | 28,026 | | | $ | 109,184 | | | $ | 101,705 | |
| Transactions | 5,079 | | | 3,434 | | | 22,819 | | | 14,700 | | ||||
| Merchandise | — | | | — | | | — | | | 878 | | ||||
| Publishing and other | 5,772 | | | 6,686 | | | 20,113 | | | 24,361 | | ||||
| Total net revenue | 41,008 | | | 38,146 | | | 152,116 | | | 141,644 | | ||||
| Cost of revenue: | | | | | | | | ||||||||
| Online advertising | 1,119 | | | 647 | | | 3,665 | | | 2,235 | | ||||
| Merchandise | — | | | — | | | — | | | 881 | | ||||
| Publishing and other | 1,920 | | | 2,189 | | | 6,089 | | | 7,271 | | ||||
| Total cost of revenue | 3,039 | | | 2,836 | | | 9,754 | | | 10,387 | | ||||
| Gross profit | 37,969 | | | 35,310 | | | 142,362 | | | 131,257 | | ||||
| Operating expenses: | | | | | | | | ||||||||
| Product and content development | 11,726 | | | 11,051 | | | 44,668 | | | 40,351 | | ||||
| Sales and marketing | 13,953 | | | 11,737 | | | 49,772 | | | 43,420 Werbung Mehr Nachrichten zur Xo Group Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1  Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News | |||||
