Endurance International Group Holdings, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, revenue was $287,770,000 compared to $292,258,000 a year ago. Income from operations was $37,775,000 compared to $12,647,000 a year ago. Loss before income taxes and equity earnings of unconsolidated entities was $344,000 compared to $32,826,000 a year ago. Net loss attributable to the company was $1,969,000 or $0.01 per basic and diluted share compared to $39,129,000 or $0.29 per basic and diluted share a year ago. Net cash provided by operating activities was $29,892,000 compared to $48,748,000 a year ago. Purchases of property and equipment were $8,127,000 compared to $10,037,000 a year ago. Adjusted EBITDA was $84,994,000 compared to $82,544,000 a year ago. Capital expenditures and capital lease obligations was $9,806,000 compared to $11,908,000 a year ago.

For the six months, revenue was $579,126,000 compared to $587,395,000 a year ago. Income from operations was $69,177,000 compared to $26,241,000 a year ago. Loss before income taxes and equity earnings of unconsolidated entities was $4,788,000 compared to $58,630,000 a year ago. Net loss attributable to the company was $9,057,000 or $0.06 per basic and diluted share compared to $74,517,000 or $0.55 per basic and diluted share a year ago. Net cash provided by operating activities was $82,252,000 compared to $82,422,000 a year ago. Purchases of property and equipment were $13,381,000 compared to $19,295,000 a year ago. Adjusted EBITDA was $171,220,000 compared to $162,647,000 a year ago. Capital expenditures and capital lease obligations was $17,290,000 compared to $23,203,000 a year ago.

For the year ending December 31, 2018, the company expected GAAP revenue between $1.140 billion to $1.160 billion, adjusted EBITDA of $310 million to $330 million and free cash flow of approximately $120 million. The company expected net loss to in the range of $35 million to $21 million. The company expected capital expenditures and capital lease obligations of $58 million and estimated cash flow from operations of $178 million. The company estimated interest expense (net) to be in the range of $149 million to $150 million, estimated income tax expense (benefit) to be in the range of $5 million to $6 million and estimated depreciation to be $50 million.