The Knot: Misses Q4 Sales, Beats Street On EPS (KNOT)

Wedding site TheKnot (KNOT) beat Wall Street’s Q4 EPS estimates, but missed sales goals.

The SoHo-based company reported $24.2 million in Q4 sales, up 12% year-over-year but short of the $24.9 million Street consensus. The company posted 8 cents EPS, beating the Street’s 7 cents per share consensus. Income from operations increased 17% to $3.3 million. Release.

The Knot shares closed today at $13.89, down more than 50% from their 52-week high, reached almost a year ago. With a $440 million market cap, the company is worth 40% less than it was in October, when we called them an “affordable” acquisition target.

See Also: The Knot: In Play?
Silicon Alley 100:
#14 David Liu, TheKnot Co-Founder & CEO

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

earnings sai-us theknot