Open Table, Inc. (NASDAQ: OPEN) reported Q1 EPS of $0.45, $0.03 better than the analyst estimate of $0.42. Revenue for the quarter came in at $53.8 million versus the consensus estimate of $54.39 million.

North America Results

• Installed restaurant base as of March 31, 2014, totaled 23,862, a 19% increase over March 31, 2013.
• Seated diners totaled 42.5 million, a 24% increase over Q1 2013.
• Revenues totaled $46.0 million, a 17% increase over Q1 2013.
• Non-GAAP adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, stock-based compensation and acquisition-related expenses) totaled $20.7 million, or 45% of North America revenues, a 4% increase over Q1 2013.

International Results

• Installed restaurant base as of March 31, 2014, totaled 7,721, compared to 7,829 as of March 31, 2013.
• Seated diners totaled 4.3 million, a 38% increase over Q1 2013.
• Revenues totaled $7.8 million, a 29% increase over Q1 2013.
• Q1 2014 includes a one-time non-cash impairment expense of an acquired intangible asset of $12.6 million related to the toptable trademark. As part of our brand evolution, we're adopting OpenTable as our global brand.
• Non-GAAP adjusted EBITDA (earnings before interest, taxes, depreciation, amortization, stock-based compensation, acquisition-related expenses and impairment of acquired intangibles), totaled a loss of $0.6 million compared to a loss of $1.7 million in Q1 2013.

Open Table, Inc. sees Q2 2014 EPS of $0.43-$0.48, versus the consensus of $0.46. Open Table, Inc. sees Q2 2014 revenue of $54.7-56.3 million, versus the consensus of $55.37 million.

Open Table, Inc. sees FY2014 EPS of $1.81-$1.96, versus the consensus of $1.84. Open Table, Inc. sees FY2014 revenue of $221.9-228.1 million, versus the consensus of $225.42 million.

For earnings history and earnings-related data on Open Table, Inc. (OPEN) click here.