Cogint (COGT) Reports Q4 Revenues Below Consensus

Note: EPS may not be comparable

Cogint (NASDAQ: COGT) reported Q4 EPS of $, versus ($0.17) reported last year. Revenue for the quarter came in at $59.2 million versus the consensus estimate of $65.68 million.

Fourth Quarter 2017 Financial Results

For the three months ended December 31, 2017, as compared to the three months ended December 31, 2016:

• Total revenue increased 9% to $59.2 million.
• Information Services revenue increased 27% to $20.5 million.
• Performance Marketing revenue increased 2% to $38.7 million.
• Net loss was $6.0 million (inclusive of tax benefit of $0 million and non-cash items totaling $11.0 million) compared to $5.4 million (inclusive of tax benefit of $2.5 million and non-cash items totaling $10.8 million).
• Adjusted EBITDA grew 36% to $8.6 million.

For earnings history and earnings-related data on Cogint (COGT) click here.

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