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February 07, 2016 10:16 AM ET

Diversified Consumer Services

Company Overview of Affinion Group, Inc.

Company Overview

Affinion Group, Inc., together with its subsidiaries, engages in designing, marketing, and servicing customer engagement and loyalty solutions in North America and internationally. It designs, implements, and markets subscription programs that provide members with personal protection benefits and value-added services, including credit monitoring and identity-theft resolution services, as well as access to various discounts and shop-at-home conveniences in the areas of retail merchandise, travel, automotive, and home improvement. The company also markets accidental death and dismemberment insurance, and other insurance programs; and designs and provides checking account enhancement programs t...

6 High Ridge Park

Stamford, CT 06905

United States

3,700 Employees

Phone:

203-956-1000

Key Executives for Affinion Group, Inc.

Chief Executive Officer and Director
Age: 44
Executive Chairman and Member of Audit Committee
Age: 50
Chief Financial Officer and Executive Vice President
Age: 44
Chief Operating Officer and Executive Vice President
Age: 46
Executive Vice President and President of Membership Services
Age: 50
Compensation as of Fiscal Year 2015.

Affinion Group, Inc. Key Developments

Affinion Group, Inc. Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015; Provides Earnings Guidance for the Full Year 2015

Affinion Group, Inc. announced unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported net cash provided by operating activities of $5.3 million against $9.2 million a year ago. Adjusted EBITDA, excluding pro forma adjustments was $75.5 million against $72.1 million a year ago. Net loss attributable to the company was $8.2 million against $31.1 million a year ago. The increase in adjusted EBITDA in the quarter was primarily due to the expected year-over-year increase in the Insurance business due to more normalized level of claims activity, partially offset by a decrease in the Membership business. Net revenues increased by $5.2 million or nearly 9% as compared to the third quarter of 2014. As expected, the increase was primarily due to the lower cost of insurance, as the business experienced a fourth consecutive quarter of more normalized levels of claims activity. For the nine months, the company reported net cash used in operating activities of $0.7 million against net cash from operating activities of $8.8 million a year ago. Adjusted EBITDA, excluding pro forma adjustments was $196.1 million against $199.7 million a year ago. Net loss attributable to the company was $50.4 million against $115.9 million a year ago. For the full year, the company expectations for 2015 remain on track. As a result, company reaffirms the 2015 adjusted EBITDA guidance, which expect to be flat compared to 2014 on a currency consistent basis.

Affinion Group, Inc. to Report Q3, 2015 Results on Nov 12, 2015

Affinion Group, Inc. announced that they will report Q3, 2015 results at 9:00 PM, GMT Standard Time on Nov 12, 2015

Affinion Group, Inc., Q3 2015 Earnings Call, Nov 12, 2015

Affinion Group, Inc., Q3 2015 Earnings Call, Nov 12, 2015

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