Neebo, Inc. reported earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, adjusted EBITDA increased $4.3 million to $7.8 million for the three months ended December 31, 2014, compared to $3.5 million for the prior year period. Adjusted EBITDA Margin was 11.1% compared to 5.5% a year ago. Revenues, net of returns were $69,639,000 compared to $62,895,000 a year ago. Income from operations was $2,569,000 compared to loss from operations of $1,866,000 a year ago. Loss from continuing operations before income taxes was $3,636,000 compared to $8,376,000 a year ago. Net loss was $5,313,000 compared to $6,193,000 a year ago. EBITDA was $4,751,000 compared to $832,000 a year ago.

For the nine months, Revenues, net of returns were $270,214,000 compared to $274,971,000 a year ago. Income from operations was $5,151,000 compared to $9,275,000 a year ago. Loss from continuing operations before income taxes was $13,948,000 compared to $25,094,000 a year ago. Net loss was $16,559,000 compared to $16,679,000 a year ago. Net cash flows used in operating activities was $45,914,000 compared to $12,003,000 a year ago. EBITDA was $14,133,000 compared to $19,586,000 a year ago.