Endurance Int'l (EIGI) Posts Q3 GAAP Loss of 12c/Share
Endurance Int'l (NASDAQ: EIGI) reported Q3 EPS of ($0.12), which may not compare with the analyst estimate of $0.33. Revenue for the quarter came in at $188.5 million versus the consensus estimate of $191.02 million.
Adjusted EBITDA was $66.6 million, an increase of 15 percent compared to $58.0 million in the third quarter of 2014. Excluding foreign currency impact, adjusted EBITDA would have been $0.9 million higher.
Third Quarter Operating Highlights
- Total subscribers on platform were approximately 4.482 million. See "Total Subscribers" below.
- Average revenue per subscriber (ARPS) was $14.29, compared to $14.49 for the third quarter of 2014.
- During the quarter, the company acquired its largest co-located data center from ACE Data Centers. The total cash consideration for this acquisition is expected to be approximately $76.0 million, including $31.5 million in 2016 deferred consideration.
- Subsequent to quarter end, the company entered into a definitive agreement to acquire outstanding shares of Constant Contact, in an all cash deal valued at $1.1 billion.
Endurance Int'l sees FY2015 revenue of $745-75 million, versus prior guidance of $745-755 million.
For earnings history and earnings-related data on Endurance Int'l (EIGI) click here.