XO Group (XOXO) Tops Q2 EPS by 7c

XO Group (NYSE: XOXO) reported Q2 EPS of $0.13, $0.07 better than the analyst estimate of $0.06. Revenue for the quarter came in at $36.2 million versus the consensus estimate of $36.39 million.

The Company is reiterating its long-term financial targets of double digit revenue growth rates, gross margins of approximately 90-95%, and operating expense growth below revenue growth rates, yielding adjusted EBITDA margins of at least 20%. The Company is also reiterating that is does not expect to meet these targets in 2015.

For earnings history and earnings-related data on XO Group (XOXO) click here.

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