Actua Corp. (ACTA) Tops Q2 EPS by 12c

Actua Corp. (NASDAQ: ACTA) reported Q2 EPS of $, $0.12 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $33.5 million versus the consensus estimate of $31.6 million.

Actua Corp. sees FY2015 EPS of ($0.36)-($0.40), versus the consensus of ($0.38). Actua Corp. sees FY2015 revenue of $133-138 million, versus the consensus of $137.4 million.

"We are excited by the progress we made this quarter," said Walter Buckley, Actua's chief executive officer. "Execution across all our businesses resulted in strong revenue growth, while generating $1 million of cash flow in the second quarter. Given the operating leverage we are seeing, we now expect to be operating cash flow positive on an annual basis for 2016."

For earnings history and earnings-related data on Actua Corp. (ACTA) click here.

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