Points Intl (PCOM) Reports Prelim. FY18 Adj. EBITDA Growth Results

Points International Ltd. (NASDAQ: PCOM) is providing a preliminary update on its 2018 financial results, as well as details regarding future investor events.

“2018 was a record year for Points with gross profit growth expected to be at the upper half and adjusted EBITDA growth expected to be at the highest end of our previously issued 2018 outlook, which had gross profit up 10% to 20% and adjusted EBITDA up 30% to 40% from 2017,” said Rob MacLean, CEO of Points International. “These results were driven by continued execution of our three core growth drivers - closing new program relationships, expanding current partnerships through cross selling new services and focusing on data-driven performance of in-market services.

“Our final Q4 and full year 2018 results will be reported on March 6th. At that time, we will also comment on our 2019 outlook for continued growth and introduce a new three-year strategic outlook aimed at providing investors with greater transparency on our business’ strong long-term growth prospects.”

Additionally, Points is introducing a new method to address questions on its earnings conference calls. In addition to answering live questions from its covering analysts, Points encourages investors to submit questions that they would like management to address during the call via email to [email protected] by March 5, 2019 at 5:00 p.m. Eastern time. During the conference call, management will respond to appropriate and common themes submitted online.

Further, Points management will be hosting an investor day in Toronto to discuss its short and long term outlook. The investor day will be held on March 28, 2019, with more details to follow in the coming weeks. For more information or to request an invitation, please contact Points’ investor relations team at [email protected].

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