Endurance Int'l (EIGI) Updates on Restructuring Plan
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Jefferies Remains Bullish on Endurance Int'l (EIGI) as CTCT Integration Begins
February 19, 2016 9:40 AM ESTJefferies maintained a Buy rating on Endurance International Group (NASDAQ: EIGI), and cut the price target to $17.00 (from $19.00), following the company's 4Q. The EIGI and CTCT transaction closed on 2/9/16, and EIGI has already recognized ~$30M in run-rate cost savings via headcount reductions. Management... More
Endurance Int'l (EIGI) Misses Q4 EPS Views
February 18, 2016 7:07 AM ESTEndurance Int'l (NASDAQ: EIGI) reported Q4 EPS of ($0.07), $0.43 worse than the analyst estimate of $0.36. Revenue for the quarter came in at $193 million versus the consensus estimate of $194.69 million.
Adjusted EBITDA for the fourth quarter was $71.8 million, an increase of 16 percent compared to $62.0... More
