Points International Reports Third Quarter 2018 Results
Points.com Inc. - Common Shares (PCOM)
Last points.com inc. - common shares earnings: 8/9 04:14 pm
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Source: GlobeNewswire
Gross Profit up 11% to $12.6 Million Net Income Increased 144% to $1.5 Million Adjusted EBITDA up 29% to $4.1 Million TORONTO, Nov. 13, 2018 (GLOBE NEWSWIRE) -- Points International Ltd. (TSX: PTS) (Nasdaq: PCOM) (Points or the Company), the global leader in powering loyalty commerce, is reporting financial results for the third quarter ended September 30, 2018. Points adopted International Financial Reporting Standard 15 - Revenue from Contracts with Customers (IFRS 15) - effective January 1, 2018 and applied these new accounting policies retrospectively. Accordingly, 2017 comparative amounts have been restated. Unless otherwise noted, all comparisons are on a year-over-year basis and all amounts are in USD. The complete third quarter Condensed Consolidated Interim Financial Statements and Management Discussion & Analysis, including segmented results, are available at www.sedar.com and www.sec.gov. Third Quarter 2018 Financial Highlights (vs. Year-Ago Quarter) Total revenue i
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