29.10.2015 22:14:20

Web.com Group, Inc. Q3 Income Declines 4%

(RTTNews) - Web.com Group, Inc. (WWWW) released earnings for third quarter that declined from last year.

The company said its bottom line fell to $32.50 million, or $0.62 per share. This was down from $33.87 million, or $0.63 per share, in last year's third quarter.

Analysts had expected the company to earn $0.60 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 2.4% to $140.37 million. This was down from $143.83 million last year.

Web.com Group, Inc. earnings at a glance:

-Earnings (Q3): $32.50 Mln. vs. $33.87 Mln. last year. -Earnings Decline (Y-o-Y): -4.0% -EPS (Q3): $0.62 vs. $0.63 last year. -EPS Decline (Y-o-Y): -1.6% -Analysts Estimate: $0.60 -Revenue (Q3): $140.37 Mln vs. $143.83 Mln last year. -Revenue Change (Y-o-Y): -2.4%

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