Zulily Reports Q2 Adj. EPS Of $0.09 - Quick Facts

(RTTNews) - zulily, inc. (ZU) reported second-quarter net income attributable to Class A and Class B stockholders of $7.76 million or $0.06 per share. Non-GAAP net income per share for the second quarter 2014 was $0.09.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.04 for the quarter. Analysts' estimates typically exclude special items. Net sales were $285.01 million, compared to $145.01 million, a year ago. Analysts expected revenue of $272.04 million for the quarter.

The company expects third-quarter net sales to be between $275.0 million and $287.5 million. Net loss is expected to be between $12.5 million and $7.5 million. Analysts expect the company to report third-quarter sales of $283.29 million.

The company expects fiscal 2014 net sales to be between $1.20 billion and $1.225 billion, an increase from previously stated expectations of between $1.15 billion and $1.20 billion. Net income before provision for income taxes is expected to be between $15.0 million and $25.0 million. Analysts expect the company to report fiscal 2014 sales of $1.20 billion.