InnerWorkings: 1Q Earnings Snapshot
CHICAGO (AP) _ InnerWorkings Inc. (INWK) on Tuesday reported a first-quarter loss of $1.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Chicago-based company said it had a loss of 3 cents. Losses, adjusted for non-recurring costs, were 2 cents per share.
The company that provides and manages marketing supplies for businesses posted revenue of $274.5 million in the period.
InnerWorkings expects full-year revenue in the range of $1.16 billion to $1.19 billion.
InnerWorkings shares have fallen 12 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.86, a decline of 25 percent in the last 12 months.