- Gains in advertising and transactions offset a drop in publishing in XO Group's (NYSE:XOXO -1.1%) Q4 earnings results.
- The company swung to a profit of $3.4M in GAAP terms, gains of $0.13/share compared to a year-ago loss of $0.09/share.
- Net revenue breakout: National online advertising, $11.79M (up 11.8%); Local online advertising, $18.4M (up 5.1%); Transactions, $5.08M (up 47.9%); Publishing and other, $5.77M (down 13.7%).
- Cash and equivalents were $105.7M as of Dec. 31.
- Long term, the company is targeting double-digit revenue growth and gross margins of about 90-95%, resulting in adjusted EBITDA margins of 20%.
- Shares are flat in after-hours trading.
- Earnings slides
- Press Release