Zulily Turns To Profit In Q4; Issues Q1, FY14 Outlook - Quick Facts

(RTTNews) - zulily, inc. (ZU) posted fourth-quarter net income attributable to Class A and Class B common stockholders of $4.5 million or $0.05 per share, compared to net loss of $30.7 million or $0.71 per share in the comparable quarter last year.

Non-GAAP net income attributable to common stockholders rose to $12.8 million or $0.10 per share from $3.2 million or $0.03 per share in the prior year quarter. On average, six analysts polled by Thomson Reuters expected the company to earn $0.04 per share. Analysts' estimates typically exclude special items.

Net sales for the quarter were $257.03 million, compared with $128.48 million in the year-ago period, while five analysts expected revenues of $225.47 million.

Looking ahead to the first quarter, the company expects net sales to be between $225.0 million to $235.0 million. Analysts currently expect revenues of $222.93 million for the first quarter.

For fiscal 2014, the company net sales to be between $1.10 billion to $1.15 billion. Analysts currently expect revenues of $1.11 billion for fiscal 2014.