Everyday Health (EVDY) Tops Q1 EPS by 7c
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Everyday Health Reports Record First Quarter 2016 Financial Results
May 5, 2016 4:01 PM EDTNEW YORK, May 5, 2016 /PRNewswire/ -- Everyday Health, Inc. (NYSE: EVDY), a leading provider of digital health marketing and communications solutions, today announced financial results for the first quarter ended March 31, 2016.
For the first quarter:
Total revenue grew 34% year-over-year. Advertising and sponsorship revenue increased 41% year-over-year. Pharma revenue grew 38% year-over-year. Adjusted EBITDA increased 625% year-over-year."We are extremely pleased with our first quarter results as revenue and Adjusted EBITDA were both record highs for the quarter," said Ben Wolin,... More
