News Column

InnerWorkings Announces Second Quarter 2014 Results

August 23, 2014



By a News Reporter-Staff News Editor at Investment Weekly News -- InnerWorkings, Inc. (NASDAQ: INWK), the leading global marketing execution firm, reported results for the three months ended June 30, 2014. Highlights Record revenue of $260.3 million, an increase of 23% compared to $210.9 million in the second quarter of 2013.

Non-GAAP Adjusted EBITDA of $9.5 million, an increase of 62% compared to Non-GAAP Adjusted EBITDA of $5.9 million in the second quarter of 2013. Please refer to the non-GAAP reconciliation table below for more information.

Non-GAAP diluted earnings per share of $0.04, compared to Non-GAAP diluted earnings per share of $0.02 in the second quarter of 2013. Please refer to the non-GAAP reconciliation table below for more information.

Non-GAAP Adjusted Operating Cash Flow of $6.4 million, an increase of 66% compared to Non-GAAP Adjusted Operating Cash Flow of $3.9 million in the second quarter of 2013. Please refer to the non-GAAP reconciliation table below for more information.

"Our core enterprise business fueled record revenue for us in the second quarter. A large portion of this growth came from expanding our relationships with several of our long-standing Fortune 500 customers," said Eric D. Belcher, Chief Executive Officer of InnerWorkings.

Keywords for this news article include: Finance, InnerWorkings Inc.

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Source: Investment Weekly News


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