FTD Companies, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017
FTD Companies, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total revenues of $278,085,000 against $280,667,000 a year ago. Operating loss was $187,673,000 against $89,403,000 a year ago. Net loss before income taxes was $190,171,000 against $91,861,000 a year ago. Net loss was $153,461,000 or $5.57 per basic and diluted share against $86,448,000 or $3.17 per basic and diluted share a year ago. Net cash provided by operating activities was $70,961,000 against $79,844,000 a year ago. Purchases of property and equipment and intangible assets was $4,426,000 against $6,485,000 a year ago. Free cash flow was $68,308,000 against $75,275 $48,784 $63,300,000 a year ago. Adjusted EBITDA was $15,623,000 against $29,782 $79,794 $119,836,000 a year ago.
For the year, the company reported revenues of was $1,084,028,000 against $1,121,999,000 a year ago. Operating loss was $268,729,000 against $80,740,000 a year ago. Net loss before income taxes was $278,215,000 against $88,257,000 a year ago. Net loss was $234,041,000 or $8.52 per basic and diluted share against $83,191,000 or $3.03 per basic and diluted share a year ago. Net cash provided by operating activities was $52,817,000 against $76,244,000 a year ago. Purchases of property and equipment and intangible assets was $15,103,000 against $18,503,000 a year ago. Free cash flow was $48,784,000 against $63,300,000 a year ago.
Adjusted EBITDA was $79,794,000 against $119,836,000 a year ago.