Endurance International (EIGI) Posts Q2 Loss of 11c/Share; Boosts FY14 Revs Outlook
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August 7, 2014 7:05 AM EDT
BURLINGTON, Mass., Aug. 7, 2014 (GLOBE NEWSWIRE) -- Endurance International Group Holdings, Inc. (Nasdaq: EIGI), a leading provider of cloud-based platform solutions designed to help small and medium-sized businesses succeed online, today reported financial results for its second quarter ended June 30, 2014.
"We are very pleased to report second quarter performance in which revenue, adjusted EBITDA and unlevered free cash flow all exceeded our expectations," commented Hari Ravichandran, chief executive officer and founder of Endurance International Group. "Our Q2 results were driven by strong subscriber growth and improving average revenue per subscriber. In total, we added over... More
