Points International Reports Third Quarter 2019 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
- Reaffirms Full Year Guidance -- On Track for Record Financial performance in Q4 2019 - TORONTO, Nov. 13, 2019 (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, 2019. 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 2019 Financial Results (vs. Q3 2018 where applicable) Total revenue increased 4% to $98.0 million compared to $94.4 million.Gross profit1 increased 12% to $14.0 million compared to $12.6 million.Net income was $1.1 million or $0.08 per diluted share, compared to $1.5 million or $0.10 per diluted share.Adjusted EBITDA2 increased 7% to $4.4 million c
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