Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


June 02, 2015 8:47 PM ET

Internet Software and Services

Company Overview of Endurance International Group Holdings, Inc.

Company Overview

Endurance International Group Holdings, Inc., together with its subsidiaries, provides cloud-based platform solutions for small-and medium-sized businesses worldwide. It offers domain registration, management, and resale services; proprietary, third-party, and open source Website building tools and design services that enable subscribers with varying degrees of technical sophistication to create a customized Web presence; Web hosting services, including entry-level shared hosting, and virtual private server and dedicated hosting services; malware protection solutions to protect subscribers’ Websites from viruses, malicious code, and other threats; and backup control solutions that enable sub...

10 Corporate Drive

Suite 300

Burlington, MA 01803

United States

Founded in 1997

2,503 Employees

Phone:

781-852-3200

Key Executives for Endurance International Group Holdings, Inc.

Founder, Chief Executive Officer, President and Director
Age: 38
Total Annual Compensation: $750.0K
Chief Financial Officer
Age: 44
Total Annual Compensation: $375.0K
Chief Operating Officer
Age: 54
Total Annual Compensation: $600.0K
Compensation as of Fiscal Year 2014.

Endurance International Group Holdings, Inc. Key Developments

Endurance International Group Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015 and Reaffirms Earnings Guidance for the Full Year of 2015

Endurance International Group Holdings, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, revenue was $177,318,000 compared to $145,750,000 a year ago. Profit from operations was $17,199,000 compared to loss from operations of $5,499,000 a year ago. Profit before income taxes and equity earnings of unconsolidated entities were $2,970,000 compared to loss before income taxes and equity earnings of unconsolidated entities of $19,051,000 a year ago. Net profit was $884,000 compared to net loss of $22,469,000 a year ago. Net profit attributable to company was $884,000 or $0.01 basic and diluted per share compared to loss of $19,285,000 or $0.15 basic and diluted per share a year ago. Net cash provided by operating activities was $50,223,000 compared to $37,987,000 a year ago. Purchases of property and equipment were $7,249,000 compared to $6,203,000 a year ago. Purchases of intangible assets was nil against $100,000 a year ago. Adjusted net income was $43,665,000 compared to $32,910,000 a year ago. Adjusted EBITDA was $67,570,000 compared to $59,127,000 a year ago. Capital expenditures and capital lease obligations were $8,179,000 compared to $7,088,000 a year ago. Free cash flow was $45,820,000 compared to $35,471,000 a year ago. Adjusted revenue was $178.7 million, an increase of 17% compared to $152.8 million in the first quarter of 2014. Unlevered free cash flow (UFCF) was $59.9 million, an increase of 22% compared to $49.0 million in the first quarter of 2014. Net debt was $1,074,000,000 as at March 31, 2015. The company provided earnings guidance for the second quarter and full year of 2015. For the year, the company expects adjusted revenue guidance from $745 million to $755 million compared to $745 million to $755 million reported in previous guidance, adjusted EBITDA guidance from $275 million to $285 million compared to $275 million to $285 million reported in previous guidance, unlevered free cash flow of approximately $220 million to $230 million compared to $220 million to $230 million reported in previous guidance. CapEx spend of approximately 5% of adjusted revenue. For the second quarter, the company provided adjusted revenue guidance of $181 million to $183 million, adjusted EBITDA of approximately $60 million to $62 million.

Endurance International Seeks Acquisitions

Endurance International Group Holdings, Inc. (NasdaqGS:EIGI) is looking for acquisition opportunities. Tiv Ellawala, Chief Financial Officer of Endurance International said, "Depending on deal flow and acquisition close timing, we expect our revolver balance to fluctuate throughout the rest of the year as we use debt and cash from operations to fund our acquisitions."

Glancy Prongay & Murray LLP Files Class Action Lawsuit against Endurance International Group Holdings, Inc

Glancy Prongay & Murray LLP, representing investors of Endurance International Group Holdings, Inc. has filed a class action lawsuit in the United States District Court for the District of Massachusetts on behalf of a class comprising purchasers of Endurance securities between November 4, 2014 and April 27, 2015, inclusive. Endurance provides cloud-based platform solutions for small and medium-sized businesses. The complaint alleges that defendants made false and/or misleading statements and/or failed to disclose to investors: that the company overstated its 2014 average revenue per subscriber and organic growth rate; that the company engaged in irregular accounting practices related to its international business; and that, as a result of the foregoing, the company’s statements about its business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

Similar Private Companies By Industry

Company Name Region
Orange Triangle Inc. United States
Investment Instruments Corp. United States
GloMantra Inc. United States
BringShare, Inc. United States
NDSCo.Com Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 31, 2014
AppMachine B.V.
Merger/Acquisition
November 4, 2014
BuyDomains.com Inc.
Merger/Acquisition
November 4, 2014
Arvixe LLC
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Endurance International Group Holdings, Inc., please visit www.enduranceinternational.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.