RetailMeNot +3% AH after Q3 revenue beat expectations

|By:, SA News Editor

Shares of RetailMeNot (SALE) are up 3% AH following the company's revenue beat in Q3.

Net revenue grew 39% Y/Y, with organic revenue expanding 35%.

Traffic visits grew 19% Y/Y to 132M in Q3. Net revenue per visit climbed 17% to $0.36.

RetailMeNot's app was downloaded 8.8M times with 40.6M sessions logged in Q3.

EBITDA margin continued to fall to 35% In Q3, from 36% in Q2 and 45% in Q1.

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