Cogint (COGT) Reports Q4 Revenues Below Consensus
Note: EPS may not be comparable
Cogint (NASDAQ: COGT) reported Q4 EPS of $, versus ($0.17) reported last year. Revenue for the quarter came in at $59.2 million versus the consensus estimate of $65.68 million.
Fourth Quarter 2017 Financial Results
For the three months ended December 31, 2017, as compared to the three months ended December 31, 2016:
- Total revenue increased 9% to $59.2 million.
- Information Services revenue increased 27% to $20.5 million.
- Performance Marketing revenue increased 2% to $38.7 million.
- Net loss was $6.0 million (inclusive of tax benefit of $0 million and non-cash items totaling $11.0 million) compared to $5.4 million (inclusive of tax benefit of $2.5 million and non-cash items totaling $10.8 million).
- Adjusted EBITDA grew 36% to $8.6 million.
For earnings history and earnings-related data on Cogint (COGT) click here.
