Bankrate (RATE) Reports In-Line Q2 EPS

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Bankrate Reports Record Second Quarter 2015 Financial Results And Updated Guidance

August 4, 2015 4:17 PM EDT

NEW YORK, Aug. 4, 2015 /PRNewswire/ -- Bankrate, Inc. (NYSE: RATE) today reported financial results for the quarter ended June 30, 2015.

"As Bankrate reaches the $150 million Adjusted EBITDA milestone over the past twelve months, we are particularly pleased with the continued strength in our marquee Credit Card franchise, as well as the terrific progress in scaling our senior care vertical towards profitability," said Kenneth S. Esterow, Bankrate's President and CEO.

Second Quarter 2015 Business Highlights

Banking

In the second quarter, organic traffic to the... More