Cision Ltd. reported preliminary unaudited financial results for the fourth quarter and year ended December 31, 2017. For the fourth quarter, the company estimated revenue between $168.5 million and $169.0 million, reflecting between 13.5% and 13.8% growth versus prior year fourth quarter revenue of $148.5 million; Revenue, excluding the impact from purchase accounting, estimated between $169.0 million and $169.5 million, reflecting between 13.4% and 13.8% growth versus prior year fourth quarter revenue of $149.0 million; Operating income estimated between $7.0 million and $7.5 million, reflecting between 250% and 275% growth versus prior year fourth quarter operating income of $2.0 million; Net loss estimated between $23.2 million and $27.6 million, reflecting between 2.5% and negative 16.0% change versus prior year fourth quarter net loss of $23.8 million; Adjusted EBITDA estimated between $60.6 million and $61.2 million, reflecting between 14.3% and 15.4% growth versus prior year fourth quarter Adjusted EBITDA of $53.0 million; Adjusted net income estimated between $22.7 million and $22.9 million, reflecting between 187% and 190% growth versus prior year fourth quarter Adjusted net income of $7.9 million. Adjusted net income during the fourth quarter was impacted by incremental interest expense associated with $75.0 million incremental term loan; and Adjusted net income per diluted share estimated between $0.19 and $0.19, reflecting between 86% and 90% growth versus prior year fourth quarter Adjusted net income per diluted share of $0.10. For the year, the company estimated revenue between $631.0 million and $631.5 million, reflecting between 34.9% and 35.0% growth versus prior year revenue of $467.8 million; Revenue, excluding the impact from purchase accounting, estimated between $632.5 million and $633.0 million, reflecting between 34.9% and 35.0% growth versus prior year revenue of $468.9 million; Operating income estimated between $38.0 million and $38.5 million, reflecting an improvement of between $57.6 million and $58.1 million versus prior year operating loss of $19.6 million; Net loss estimated between $111.7 million and $116.1 million, reflecting between 13.5% and 18.0% change versus prior year net loss of $98.4 million; Adjusted EBITDA estimated between $225.0 million and $225.5 million, reflecting between 38.7% and 39.0% growth versus prior year Adjusted EBITDA of $162.2 million; Including the acquisition of Bulletin Intelligence and the divestiture of Vintage, as if they both occurred on January 1, 2017, Adjusted EBITDA estimated between $227.0 million and $229.0 million; Adjusted net income estimated between $58.3 million and $58.5 million, reflecting between 163% and 164% growth versus prior year Adjusted net income of $22.2 million; and Adjusted net income per diluted share estimated between $0.57 and $0.57, reflecting between 111% and 112% growth versus prior fiscal year Adjusted net income per diluted share of $0.27. Expects net debt as of December 31, 2017 to be approximately $1,183 million. The company provided initial outlook for the full fiscal year ending December 31, 2018. For the year, the company expects, revenue of between $716 million and $726 million; revenue, excluding the impact from purchase accounting of between $720 million and $730 million; net income of between $2 million and $4 million; adjusted EBITDA of between $248 million and $254 million; adjusted net income of between $105 million and $110 million; and adjusted net income per share per of between $0.86 and $0.88. Additionally, for the full fiscal year ending December 31, 2018, the company expects: depreciation expense of between $23 million and $26 million; amortization expense of between $112 million and $115 million, with $22 million to $24 million of this amortization expense included within cost of revenue and the remainder included in general and administrative costs; net interest expense, exclusive of debt extinguishment costs, of between $71 million and $74 million; cash interest expense of between $61 million and $64 million; and capital expenditures, inclusive of capitalized software development, of between $30 million and $35 million.