AP NEWS

FTD: 2Q Earnings Snapshot

August 8, 2018

DOWNERS GROVE, Ill. (AP) _ FTD Companies Inc. (FTD) on Wednesday reported a second-quarter loss of $118.1 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Downers Grove, Illinois-based company said it had a loss of $4.25. Losses, adjusted for asset impairment costs and stock option expense, came to 23 cents per share.

The flower and gift company posted revenue of $299.9 million in the period.

FTD expects full-year revenue in the range of $1.03 billion to $1.04 billion.

In the final minutes of trading on Wednesday, the company’s shares hit $3.36. A year ago, they were trading at $18.94.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FTD at https://www.zacks.com/ap/FTD

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