Everyday Health (EVDY) Tops Q2 EPS by 14c; Announces Acquisition of Tea Leaves Health

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Go back to Everyday Health (EVDY) Tops Q2 EPS by 14c; Announces Acquisition of Tea Leaves Health

Everyday Health Acquires Tea Leaves Health, Leading SaaS-based CRM for Hospital Systems

August 11, 2015 4:02 PM EDT

NEW YORK, Aug. 11, 2015 /PRNewswire/ -- Everyday Health, Inc. (NYSE: EVDY), a leading provider of digital health marketing and communications solutions, today announced the acquisition of Tea Leaves Health.  Based in Georgia, Tea Leaves Health is a leading provider of a SaaS-based marketing and analytics platform for hospital systems to identify and engage consumers and physicians.... More

Everyday Health Reports Second Quarter 2015 Financial Results

August 11, 2015 4:01 PM EDT

NEW YORK, Aug. 11, 2015 /PRNewswire/ -- Everyday Health, Inc. (NYSE: EVDY), a leading provider of digital health marketing and communications solutions, today announced financial results for the second quarter ended June 30, 2015 and the acquisition of Tea Leaves Health.

For the second quarter:

Advertising and sponsorship revenue grew 36% year-over-year. Average revenue per top 30 strategic advertiser increased 41% year-over-year. Cash flow from operations grew 75% year-over-year.

"We are very pleased with our... More