FTD Companies, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, the company reported total revenues of $173,154,000 compared to $188,519,000 a year ago. Operating loss was $11,698,000 compared to $15,061,000 a year ago. Loss before income taxes was $14,001,000 compared to $17,258,000 a year ago. Net loss was $9,973,000 or $0.36 per basic and diluted share compared to $16,479,000 or $0.57 per basic and diluted share a year ago. Net cash used in operating activities of $27,281,000 compared to $30,100,000 a year ago. Purchases of property and equipment were $3,842,000 compared to $3,228,000 a year ago. Adjusted EBITDA was $14,697,000 compared to $12,443,000 a year ago. Adjusted net income was $4,877,000 compared to $2,668,000 a year ago.

For the nine months, the company reported total revenues of $842,327,000 compared to $922,101,000 a year ago. Operating income was $9,727,000 compared to $9,372,000 a year ago. Income before income taxes was $4,668,000 compared to income before income taxes of $2,934,000 a year ago. Net income was $4,221,000 or $0.15 diluted per share compared to $3,374,000 or $0.11 per basic and diluted share a year ago. Net cash used in operating activities of $3,192,000 compared to $2,704,000 a year ago. Purchases of property and equipment were $12,018,000 compared to $10,760,000 a year ago. Adjusted EBITDA was $91,119,000 compared to $93,197,000 a year ago. Adjusted net income was $43,311,000 compared to $44,717,000 a year ago.

The company provided earnings guidance for the full year 2016. For the period, the company expects consolidated revenues to decline  7% to 8% on a reported basis, or 5% to 6% on a constant currency basis, compared to $1.22 billion of revenues in 2015. Net income of approximately $5 million to $7 million, excluding costs associated with Mr. Apatoff's employment agreement. Consolidated Adjusted EBITDA of approximately $121 million to $123 million, representing Adjusted EBITDA margin of approximately 11%. Capital expenditures of approximately $20 million.