InnerWorkings Announces Fourth Quarter and Full-Year 2018 Results

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InnerWorkings (INWK) Misses Q4 EPS by 25c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Views Above Consensus

March 5, 2019 4:23 PM EST

InnerWorkings (NASDAQ: INWK) reported Q4 EPS of ($0.11), $0.25 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $294.2 million versus the consensus estimate of $295.41 million.

Our solution is resonating more than ever in the marketplace and we\'re excited by the global brands we\'re onboarding or who are expanding their work with InnerWorkings already in 2019, said Chief Executive Officer Rich Stoddart. It has become clear that translating this growth into returns for our shareholders requires a multi-year transformation to drive sustainable operating leverage in our business. Through the progress... More