Endurance Int'l (EIGI) Misses Q2 EPS Views

Endurance Int'l (NASDAQ: EIGI) reported Q2 EPS of ($0.02), $0.36 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $290.7 million versus the consensus estimate of $299.63 million.

• Total subscribers on platform were approximately 5.480 million. See “Total Subscribers” below.
• Under the revised definition of ARPS discussed above, ARPS for the second quarter was $17.74, compared to $14.23 for the same period a year ago. Excluding the impact of Constant Contact, ARPS for the second quarter was $13.32.
• Under the previous definition of ARPS, ARPS for the second quarter was $17.85, compared to $14.30 for the same period a year ago. Excluding the impact of Constant Contact, ARPS for the second quarter under the previous definition was $13.41.
• In July, the company increased its ownership in the WZ UK, Ltd. joint venture for $18.0 million, bringing its ownership stake to 86.4 percent.
• Also in July, the company acquired the remaining 60 percent of Appmachine B.V., a Netherlands-based developer of mobile app solutions in which it previously had a 40 percent stake, for $22.5 million payable over a four year period, of which $5.5 million was paid upon closing.

For earnings history and earnings-related data on Endurance Int'l (EIGI) click here.

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