bankrate inc (RATE) Key Developments
Bankrate, Inc. Presents at 17th Annual Needham Growth Conference, Jan-14-2015 04:10 PM
Jan 5 15
Bankrate, Inc. Presents at 17th Annual Needham Growth Conference, Jan-14-2015 04:10 PM. Venue: New York Palace Hotel, 455 Madison Avenue, New York, New York, United States.
Bankrate, Inc. Announces Board Appointments
Dec 9 14
Bankrate, Inc. announced the appointment of Sree Kotay and Christine E. Petersen to the company's board of directors. Mr. Kotay is chief software architect, and executive vice president, Technology Design and Development, for Comcast Cable. Earlier in his career, Mr. Kotay was a senior technology leader with AOL. Ms. Petersen previously was a senior executive at TripAdvisor where she served as president of TripAdvisor for business and earlier as TripAdvisor's chief marketing officer. Mr. Kotay will serve as a Class II director with a term expiring at the 2016 annual meeting of stockholders and Ms. Petersen will serve as a Class I director with a term expiring at the 2015 annual meeting of stockholders.
Bankrate, Inc. announced delayed 10-Q filing
Nov 12 14
On 11/12/2014, Bankrate, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.
Bankrate, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter Ended September 30, 2014; Revised Earnings Guidance for the Full Year of 2014
Nov 6 14
Bankrate, Inc. announced unaudited consolidated earnings results for the third quarter ended September 30, 2014. For the quarter, the company reported revenue of $141,649,000, income from operations of $20,113,000, income before income taxes of $14,881,000, income from continuing operations of $8,360,000 or $0.08 per diluted share and net income of $8,263,000 or $0.08 per diluted share. On non GAAP basis, the company reported adjusted revenue of $141,842,000, adjusted EBITDA of $33,065,000 and adjusted net income of $15,708,000 or $0.15 per share. EBITDA was $35,174,000.
On a preliminary basis, the company has updated its financial guidance for the full year ending December 31, 2014. For the full year, the company has refined its adjusted revenue guidance to $545 to $550 million, from $545 to $555 million. Full year adjusted EBITDA guidance remains at $141 to $145 million, excluding costs related to the review of prior years' financials, the SEC and DOJ investigations and related litigation in the third and fourth quarters of 2014.
Bankrate, Inc. Presents at RBC Capital Markets' Technology, Internet, Media & Telecommunications Conference, Nov-10-2014 01:30 PM
Nov 6 14
Bankrate, Inc. Presents at RBC Capital Markets' Technology, Internet, Media & Telecommunications Conference, Nov-10-2014 01:30 PM. Venue: Westin Times Square, 270 West 43rd Street, New York, New York, United States. Speakers: Kenneth S. Esterow, Chief Executive Officer, President and Director.