InnerWorkings Announces Second Quarter 2019 Results
INNERWORKINGS (INWK)
Last innerworkings earnings: 3/16 04:30 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
Highest quarterly profitability in nearly two years; Raising EBITDA guidance$135M in new business awarded to date in 2019 CHICAGO--(BUSINESS WIRE)--InnerWorkings, Inc. (NASDAQ: INWK), the leading global marketing execution firm, today announced financial results for the three and six months ended June 30, 2019. For all non-GAAP references below, please refer to the non-GAAP reconciliation tables at the end of this release for more information.“We have taken bold steps to improve our profitability, including sustainable cost actions and optimizing our client relationships to ensure they meet our return thresholds. These actions have given us greater confidence in our profitability expectations for this year, enabling us to raise our EBITDA guidance range,” said Chief Executive Officer Rich Stoddart. “We expect to ramp more new revenue in the second half of 2019 on the back of record year-to-date contract signings as well as onboarding additional revenue from the recently announced a
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