Endurance International Group Holdings, Inc. reported unaudited consolidated financial results for the third quarter and nine months ended September 30, 2017. Revenue for the third quarter of 2017 was $295.2 million, an increase of 1% compared to $291.2 million for the third quarter of 2016. Revenue for the third quarter of 2017 includes a contribution of $101.5 million from Constant Contact, as compared to a contribution of $95.9 million for the third quarter of 2016. Net loss attributable to the company for the third quarter of 2017 was $40.3 million, or $0.29 per basic and diluted share, compared to net loss of $31.7 million, or $0.24 per basic and diluted share, for the third quarter of 2016. Adjusted EBITDA for the third quarter of 2017 was $93.8 million, an increase of 10% compared to $85.2 million for the third quarter of 2016. Third quarter 2017 adjusted EBITDA excludes the impact of an impairment of $14.4 million related to the reduction in value of certain intangibles, primarily associated with domain name assets, and an additional $8.0 million of accrued expense reserved in connection with ongoing discussions with the staff of the SEC to resolve potential claims arising from the SEC investigations initiated against Endurance and Constant Contact in December 2015. Net cash provided by operating activities was $46.4 million, an increase of 28% compared to $36.2 million for the third quarter of 2016. Loss from operations was $1,070,000 compared to income of $8,879,000 a year ago. Loss before income taxes and equity earnings of unconsolidated entities was $37,315,000 compared to $37,012,000 a year ago. Loss before equity earnings of unconsolidated entities was $40,297,000 compared to $29,625,000 a year ago. Purchases of property and equipment were $12,800,000 compared to $8,356,000 a year ago. Purchases of intangible assets were $286,000. Third quarter results reflect solid performance in both web presence and email marketing.

For the nine months, the company's revenue was $882,617,000 compared to $819,019,000 a year ago. Income from operations was $25,171,000 compared to loss of $63,600,000 a year ago. Loss before income taxes and equity earnings of unconsolidated entities was $95,945,000 compared to $169,170,000 a year ago. Loss before equity earnings of unconsolidated entities was $107,329,000 compared to $47,950,000 a year ago. Net loss attributable to the company was $114,781,000 or $0.84 per basic and diluted share compared to $37,966,000 or $0.29 per basic and diluted share a year ago. Net cash provided by operating activities was $128,866,000 compared to $101,804,000 a year ago. Purchases of property and equipment were $32,095,000 compared to $29,317,000 a year ago. Adjusted EBITDA were $256,412,000 compared to $201,423,000 a year ago. Purchases of intangible assets were $1,966,000 against $27,000 a year ago.

For the third quarter of 2017, the company reported impairment of other long-lived assets of $14,448,000.

The company revised earnings guidance for the full year ending December 31, 2017. The company is increasing its adjusted EBITDA expectations for the year by approximately $8 million from the midpoint of prior guidance. For the year, the company expects GAAP revenue of 5% - 5.5% increase, net loss of $121 million, adjusted EBITDA of $340 million, cash flow from operations of $190 million, capital expenditures and capital lease obligations of $50 million, free cash flow of $140 million, interest expense (net) of $156 million, income tax expense of $12 million, depreciation of $55 million and amortization of acquired intangible assets of $139 million.

The company provided impairment guidance for the full year ending December 31, 2017. For the year, the company expects impairment of other long-lived assets of $14 million.