XO Group (XOXO) Tops Q4 EPS by 3c
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XO Group (NYSE: XOXO) reported Q4 EPS of $0.11, $0.03 better than the analyst estimate of $0.08. Revenue for the quarter came in at $38.1 million versus the consensus estimate of $36.46 million.
"Thanks to the commitment and grit of our team, and the support of our investors, we achieved our goals of delivering best-in-class digital products, increasing the growth rates of our core media businesses, and significantly accelerating the growth of our transactional revenue streams. We are excited to continue to execute the plan we have committed to our shareholders in the years ahead," said Mike Steib, Chief Executive Officer.
"For the year, we delivered a solid financial performance, including recognizing over $100 million of online advertising revenue and adjusted EBITDA of $29 million, both of which are the highest in our company's history. These results come on top of our continued investment in our longer-term initiatives," said Gillian Munson, Chief Financial Officer.
For earnings history and earnings-related data on XO Group (XOXO) click here.
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