Seeking Alpha

RetailMeNot +3% AH after Q3 revenue beat expectations

  • 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.
  • presentation slides
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