InnerWorkings Announces Second Quarter 2011 Results
Record quarterly revenue reflects 29 percent year-over-year growth; Company raises revenue guidance
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• Adjusted EBITDA was $9.5 million, an increase of 23 percent compared to $7.7 million in the year-earlier period. Please refer to the non-GAAP reconciliation table below for more information.
• Year-over-year enterprise revenue growth of 30 percent and transactional revenue growth of 26 percent. Revenue from new enterprise accounts was $15.0 million in the second quarter.
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