Edrington Group Selects InnerWorkings,Inc. as its Marketing Partner in the US
Jan 28 15
Edrington Group has selected InnerWorkings Inc., as its marketing partner in the US. Under the long-term multi-year agreement, InnerWorkings will produce Edrington's print, point-of-sale, and other branded materials throughout the US.
Edrington Names InnerWorkings, Inc. as U.S. Marketing Partner
Jan 22 15
InnerWorkings Inc. was named U.S. marketing partner of Edrington. Under the long-term multi-year agreement, InnerWorkings will produce Edringtons print, point-of-sale, and other branded materials throughout the U.S. This agreement expands InnerWorkings relationship with Edrington into the U.S.
InnerWorkings Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Earnings Guidance for the Year 2014
Nov 5 14
InnerWorkings Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, revenue was $251,651,521 compared to $232,629,788 a year ago. Income from operations was $8,093,903 compared to loss from operations of $8,027,062 a year ago. Income before income taxes was $6,913,090 compared to loss before income taxes of $8,755,109 a year ago. Net income was $5,113,671 compared to net loss of $9,066,070 a year ago. Diluted earnings per share was $0.10 compared to loss per share of $0.18 a year ago. Non-GAAP Adjusted EBITDA was $12,285,708 compared to $8,736,572 a year ago. Non-GAAP Adjusted operating cash outflow was $11,328,337 compared to non-GAAP adjusted operating cash flow of $1,552,548 a year ago. Adjusted net income was $3,608,686 or $0.07 per diluted share compared to $2,472,206 or $0.05 per diluted share a year ago.
For the nine months, revenue was $753,490,776 compared to $648,082,830 a year ago. Income from operations was $13,028,170 compared to loss from operations of $6,032,965 a year ago. Income before income taxes was $9,673,517 compared to loss before income taxes of $8,173,708 a year ago. Net income was $7,008,450 compared to net loss of $8,191,823 a year ago. Diluted earnings per share was $0.13 compared to loss per share of $0.16 a year ago. Net cash used in operating activities was $16,037,736 compared to net cash provided by operating activities of $9,463,850 a year ago. Non-GAAP Adjusted EBITDA was $30,332,816 compared to $21,397,526 a year ago. Non-GAAP Adjusted operating cash outflow was $13,320,514 compared to non-GAAP adjusted operating cash flow of $6,428,909 a year ago. Adjusted net income was $6,826,212 or $0.13 per diluted share compared to $5,700,783 or $0.11 per diluted share a year ago.
The company updated and narrowed its 2014 revenue guidance to $1 billion to $1.01 billion, which reflects 12% to 13% growth over 2013. 2014 Non-GAAP diluted earnings per share guidance was also updated to $0.20 to $0.23, compared to $0.09 in 2013. The company is expecting adjusted EBITDA for the full year to grow over 50% and EBITDA margin is expected to increase by 100 basis points or more over 2013.
FedEx Office Teams Up with InnerWorkings, Inc. to Expand Print Offerings for Customers
Nov 5 14
FedEx Office announced a collaboration with InnerWorkings, Inc. to expand the range of professional print products available for commercial enterprise customers, and small businesses and consumers through FedEx Office retail locations. By combining the extensive scope and expertise of the FedEx Office printing & logistics capabilities with InnerWorkings' streamlined production platform, customers have even more access to a full spectrum of high-quality digital, offset and specialized print materials for their marketing and advertising needs, such as signs and banners, flyers, posters, brochures, displays and branded merchandise.