InnerWorking Beats Estimates, Maintains FY 2016 Guidance

InnerWorkings INWK shares are flat after hours on Monday. The market firm reported Q2 EPS $0.11 versus estimates of $0.04. Sales were $269.2 million versus estimates of $265.08 million.
InnerWorkings reaffirmed FY 2016 EPS between $0.30 and $0.33 versus estimates for $0.32. Sales for FY 2016 were also reaffirmed at $1.06 billion to $1.08 billion versus estimates of $1.08 billion.

Eric Belcher, President and CEO, said "We continue to win more business with new and existing clients on the strength of our global capabilities and our technology" adding "We are on track to achieve our financial targets for 2016 with additional profit improvement in the second half of the year."

InnerWorkings shares closed Monday's regular trading hours up $0.01 or 0.12 percent to $8.46