Press release from the issuing company
Record Quarterly Revenue Reflects 29% Year-Over-Year Growth; Company Raises Revenue Guidance
CHICAGO – InnerWorkings, Inc., a leading provider of global print management and promotional solutions, today reported results for the three months ended June 30, 2011.
Quarterly Highlights:
Additional second quarter 2011 financial and operational highlights include the following:
"The Company's financial position is strong and we are well positioned to continue growing our net margins and generate additional leverage in the model in 2011," said Joseph M. Busky, Chief Financial Officer of InnerWorkings.
Outlook
The Company is raising its 2011 revenue guidance from $590 million to $620 million to $600 million to $625 million. The Company's 2011 earnings per share guidance remains in the range of $0.29 to $0.32.
Conference Call
A conference call will be broadcast live on Thursday, August 4, 2011, at 4:30 p.m. Central Time (5:30 p.m. Eastern Time). The live webcast discussion, which will include a Q&A session, will be hosted by Eric D. Belcher, Chief Executive Officer, and Joseph M. Busky, Chief Financial Officer.
To access the conference call by telephone, interested parties may dial (877) 771-7024. Interested parties are also invited to listen to the live webcast by visiting the Investor "Events & Presentations" section of InnerWorkings' website at investor.inwk.com/events.cfm. A replay of the webcast will be available later that day in the same section of the website.
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