- RetailMeNot (NASDAQ:SALE) has settled into a gain of 3.6% this afternoon after a mixed earnings report where it beat profit expectations but offered light guidance for revenues.
- Income dropped slightly (GAAP net income of $0.1M vs. previous $0.3M, and non-GAAP net income of $4.8M vs. previous $6.3M), as did EBITDA, which fell to $9.8M on an adjusted basis from $11.8M. That represented EBITDA margins of 15%.
- Revenue by segment: Core, $50.46M; Gift Cards, $14.2M.
- It guided to Q4 net revenues of $90M-$98M (light of an expected $99.2M) and EBITDA of $25M-$30M (vs. consensus for $27.8M). For the full year, it forecasts revenues of $273.6M-$281.5M (below consensus for $282.7M) and EBITDA of $56.6M-$61.6M (vs. consensus for $58.7M).
- Press Release