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


Last $3.23 USD
Change Today +0.12 / 3.86%
Volume 50.7K
INTX On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 1:31 PM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

intersections inc (INTX) Snapshot

Open
$3.08
Previous Close
$3.11
Day High
$3.27
Day Low
$3.00
52 Week High
05/5/14 - $5.85
52 Week Low
03/30/15 - $3.00
Market Cap
64.3M
Average Volume 10 Days
105.1K
EPS TTM
$-0.65
Shares Outstanding
19.9M
EX-Date
11/12/14
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INTERSECTIONS INC (INTX)

intersections inc (INTX) Related Bloomberg News

View More Bloomberg News

intersections inc (INTX) Related Businessweek News

No Related Businessweek News Found

intersections inc (INTX) Details

Intersections Inc. provides subscription based services to manage personal information and risks in the United States and Canada. It operates through four segments: Personal Information Services, Insurance and Other Consumer Services, Pet Health Monitoring, and Bail Bonds Industry Solutions. The Personal Information Services segment offers personal information and identity theft protection services for consumers to understand, monitor, manage, and protect against the risks associated with their personal information. Its services include credit reports, credit monitoring, educational credit scores, and credit education; reports, monitoring, and education about other personal information and risks, such as public records, identity validation, new accounts, and Internet risks; identity theft recovery services; identity theft cost reimbursement insurance; and software and other technology tools and services. This segment also offers breach response services to organizations responding to compromises of sensitive personal information. The Insurance and Other Consumer Services segment provides insurance and membership products for consumers. It also designs wellness-driven health plans and engagement programs. The Pet Health Monitoring segment offers VOYCE, a health and wellness platform that connects pets and their owners, veterinarians, and other caregivers with pet health monitoring data, pet health related content, and information management tools. The Bail Bonds Industry Solutions segment provides automated service solutions for the bail bonds industry, such as data management, bookkeeping, accounting, reporting, and decision making tools that allow bail bondsmen, general agents, and sureties to run their offices, to exercise operational and financial control over their businesses, and to make decisions. Intersections Inc. was founded in 1996 and is headquartered in Chantilly, Virginia.

478 Employees
Last Reported Date: 03/27/15
Founded in 1996

intersections inc (INTX) Top Compensated Officers

Chairman, Chief Executive Officer and Member ...
Total Annual Compensation: $600.0K
Chief Operating Officer
Total Annual Compensation: $151.9K
Chief Legal Officer and Executive Vice Presid...
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

intersections inc (INTX) Key Developments

Intersections Inc. Announces Amendments to its Loan and Security Agreement with Silicon Valley Bank

Intersections Inc. entered into an amendment dated April 21, 2015 to its loan and security agreement dated October 7, 2014 with Silicon Valley Bank. The Amendment was agreed to and acknowledged by those certain subsidiaries of Intersections that are guarantors with respect to the loans under the Loan Agreement pursuant to a secured guaranty and pledge agreement, an intellectual property security agreement and other related documents, all dated October 7, 2014. Pursuant to the Amendment, the maximum aggregate principal amount of any loans under the Loan Agreement was reduced from $15,000,000 to $5,000,000. In addition, the interest rates payable under the Loan Agreement were modified as described herein. As previously reported, the Loan Agreement provides that all loans there under will generally bear interest, for each day a loan is outstanding, at a rate per annum equal to, at the option of Intersections, either a rate based on the rate of interest at which deposits in U.S. Dollars are offered to Bank in the London interbank market for a specified interest period or the rate from time to time published in the money rates section of The Wall Street Journal or any successor publication thereto as the prime rate" then in effect. Under the Loan Agreement as originally executed, the interest rate applicable to loan based on LIBOR includes a margin above LIBOR ranging from 2.00% to 3.00% and determined based upon the EBITDA of Intersections and its subsidiaries on a consolidated basis for the trailing twelve months ending on the last day of the most recently ended fiscal quarter. Pursuant to the Amendment, the LIBOR Margin was changed to a set rate of 3.50%. Likewise, under the Loan Agreement as originally executed, the interest rate applicable to a loan based on the Prime Rate includes a margin ranging from 1.00% to 2.00% and determined based upon the EBITDA of Intersections and its subsidiaries on a consolidated basis for the trailing twelve months ending on the last day of the most recently ended fiscal quarter. Pursuant to the Amendment, the Prime Margin was changed to a set rate of 2.50%. In addition, pursuant to the Amendment, the interest rate applicable under the Loan Agreement for a loan based on LIBOR following the end of any applicable interest period and the occurrence of an event of default was increased from an amount equal to the prime rate" then in effect plus 2.00% to the prime rate" then in effect plus 4.50%. Further, pursuant to the Amendment, the quarterly unused revolving line facility fee payable by Intersections to Bank was changed to a set rate of 0.40% from a rate per annum ranging from 0.25% to 0.40% and determined based upon the EBITDA of Intersections and its subsidiaries on a consolidated basis for the trailing twelve months ending on the last day of the most recently ended fiscal quarter multiplied by the daily average unused portion of the revolving credit facility.

Intersections Inc. Announces Consolidated Earnings Results for the Quarter and Year Ended December 31, 2014

Intersections Inc. announced consolidated earnings results for the quarter and year ended December 31, 2014. For the quarter, the company’s consolidated revenue was $56.6 million, compared to $72.0 million for the quarter ended December 31, 2013. Consolidated adjusted EBITDA before share related compensation and non-cash impairment charges for the quarter ended December 31, 2014 was $693,000, compared to $6.2 million for the quarter ended December 31, 2013. Net loss was $22.0 million, compared to net income of $119,000 for the quarter ended December 31, 2013, primarily due to a non-cash impairment of goodwill of $25.8 million. Consolidated net loss per share for the three months ended December 31, 2014 was $1.19 per diluted share, compared to consolidated net income per diluted share of $0.01 for the three months ended December 31, 2013. Consolidated cash provided by operations was approximately $2.3 million. For the year, the company’s consolidated revenue for the year ended December 31, 2014 was $246.6 million, compared to $310.1 million for the year ended December 31, 2013. Consolidated adjusted EBITDA before share related compensation and non-cash impairment charges for year ended December 31, 2014 was $2.6 million, compared to $32.2 million for the year ended December 31, 2013. Net loss was $30.7 million, compared to net income of $2.4 million for the year ended December 31, 2013. Diluted loss per share was $1.66 for the year ended December 31, 2014, compared to diluted earnings per share of $0.13 for the year ended December 31, 2013. Consolidated cash flow provided by operations was approximately $4.9 million.

Intersections Inc., Q4 2014 Earnings Call, Mar 30, 2015

Intersections Inc., Q4 2014 Earnings Call, Mar 30, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
INTX:US $3.23 USD +0.12

INTX Competitors

Market data is delayed at least 15 minutes.

Company Last Change
DH Corp C$41.78 CAD -0.19
Equifax Inc $99.17 USD -0.61
Fair Isaac Corp $87.56 USD -1.58
LifeLock Inc $14.94 USD +0.02
Trupanion Inc $7.85 USD -0.0601
View Industry Companies
 

Industry Analysis

INTX

Industry Average

Valuation INTX Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 0.9x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INTERSECTIONS INC, please visit www.intersections.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.