InnerWorkings: 2Q Earnings Snapshot
InnerWorkings: 2Q Earnings Snapshot
CHICAGO (AP) _ InnerWorkings Inc. (INWK) on Tuesday reported a second-quarter loss of $299,000, after reporting a profit in the same period a year earlier.
The Chicago-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs, came to 1 cent per share.
The company that provides and manages marketing supplies for businesses posted revenue of $282 million in the period.
InnerWorkings expects full-year earnings in the range of 30 cents to 33 cents per share, with revenue in the range of $1.16 billion to $1.19 billion.
InnerWorkings shares have fallen 34 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.63, a drop of 38 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INWK at https://www.zacks.com/ap/INWK