FTD Companies, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total revenues of $148,621,000 against $161,304,000 for the same period a year ago. Operating loss was $28,453,000 against $116,645,000 for the same period a year ago. Net loss before income taxes was $33,438,000 against $119,118,000 for the same period a year ago. Net loss was $31,210,000 against $99,319,000 for the same period a year ago. Basic and diluted loss per share was $1.11 against $3.61 for the same period a year ago. Net cash used for operating activities was $54,505,000 against $37,753,000 for the same period a year ago. Purchases of property and equipment were $10,074,000 against $4,307,000 for the same period a year ago. Adjusted LBITDA was $956,000 against adjusted EBITDA of $1,914,000 for the same period a year ago. Free cash flow was negative $61,184,000 against negative $38,077,000 for the same period a year ago.

For the nine months, the company reported total revenues of $766,712,000 against $805,943,000 for the same period a year ago. Operating loss was $159,987,000 against $81,056,000 for the same period a year ago. Net loss before income taxes was $171,711,000 against $88,044,000 for the same period a year ago. Net loss was $155,891,000 against $80,580,000 for the same period a year ago. Basic and diluted loss per share was $5.59 against $2.93 for the same period a year ago. Net cash used for operating activities was $56,091,000 against $18,144,000 for the same period a year ago. Purchases of property and equipment were $26,354,000 against $10,677,000 for the same period a year ago. Adjusted EBITDA was $20,880,000 against $64,169,000 for the same period a year ago. Free cash flow was negative $78,643,000 against negative $19,524,000 for the same period a year ago.

The company reported impairment of goodwill, intangible assets, and other long-lived assets of $411,000 for the third quarter of 2018 against $105,735,000 for the same period a year ago.

The company is reiterating its outlook for the full year ending December 31, 2018 and provided earnings guidance for the full year ending December 31, 2019. For full-year 2018, the company expects consolidated revenues of $1.02 billion to $1.03 billion, adjusted EBITDA of approximately $37 million to $41 million and capital expenditures of $35 million to $38 million.

For full-year 2019, the company expects consolidated revenues of $1.03 billion to $1.06 billion, adjusted EBITDA of approximately $58 million to $68 million and capital expenditures of $35 million to $40 million.