Endurance International Group Holdings, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, revenue was $291,356,000 compared to $295,137,000 a year ago. Income from operations was $31,402,000 compared to $13,594,000 a year ago. Loss before income taxes and equity earnings of unconsolidated entities was $4,444,000 compared to $25,804,000 a year ago. Net loss attributable to the company was $7,088,000 or $0.05 per basic and diluted share compared to $35,388,000 or $0.26 per basic and diluted share a year ago. Net cash provided by operating activities was $52,360,000 compared to $33,674,000 a year ago. Purchases of property and equipment were $5,254,000 compared to $9,258,000 a year ago. Purchases of intangible assets were nil compared with $33,000 a year ago. Adjusted EBITDA was $86,226,000 compared to $80,103,000 a year ago. Capital expenditures and capital lease obligations was $7,484,000 compared to $11,295,000 a year ago. Total net debt at the end of the period was $1.863 billion.

For the year ending December 31, 2018, the company expects 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 before payment of potential settlement of pending legal proceedings. The company expects CapEx of approximately $55 million to $60 million in 2018.