This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

SuperMedia Announces First Quarter 2012 Results

SuperMedia (NASDAQ:SPMD) today announced its financial results for the first quarter 2012.

During the first quarter, SuperMedia’s continued focus on operating efficiencies resulted in improved operating income and margins, despite a decline in revenue.

“As we continue to execute our transformation plan in 2012, we have maintained our focus on keeping costs down,” said president and CEO Peter McDonald. “To date, we have trained a significant portion of our media consultants in our new sales approach to provide end to end solutions for small and medium size businesses.

It is important to note that while we believe we are making strides in executing our 2012 plan, because of our sales cycle, it will take time to transform this business and for the potential impacts of these changes to affect our top line results.”

First Quarter Financial Results

Operating revenue was $363 million and represents a decline of 17.1 percent from the same quarter last year.

Operating income was $106 million and represents an increase of 2.9 percent from the same quarter last year.

Operating income margin was 29.2 percent and represents an increase of 570 basis points over the same quarter last year.

Net Income was $62 million, which included a $28 million gain on early extinguishment of debt, and represents an increase of 107 percent from the same quarter last year.

Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), a non-GAAP measure, which excludes the gain realized on early extinguishment of debt in the quarter, as well as severance costs, was $148 million and represents a decline of 3.9 percent from the same quarter last year.

Adjusted EBITDA margin, a non-GAAP measure, was 40.8 percent and represents an increase of 560 basis points from the same quarter last year. Total adjusted expenses, excluding depreciation and amortization, decreased by 24.3 percent compared to the same quarter last year.

1 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.99 0.00%
FB $102.01 0.00%
GOOG $682.40 0.00%
TSLA $151.04 0.00%
YHOO $27.04 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs