Intersections Inc. Reports Third Quarter EPS of $.56

Intersections Inc. INTX today announced financial results for the quarter ended September 30, 2010. Revenue for the third quarter of 2010 was $89.3 million, compared to $88.3 million for the quarter ended September 30, 2009. Consolidated adjusted EBITDA before share based compensation for the third quarter of 2010 was $12.6 million compared to $7.6 million for the quarter ended September 30, 2009. Net income for the quarter ended September 30, 2010 was $10.3 million, compared to $349 thousand for the quarter ended September 30, 2009. Consolidated adjusted EBITDA before share based compensation for the nine months ended September 30, 2010 was $33.0 million compared to $20.9 million for the nine months ended September 30, 2009. Net income for the nine months ended September 30, 2010 was $14.4 million, compared to a net loss of ($2.9) million for the nine months ended September 30, 2009. Cash flow provided by operations for the three and nine months ended September 30, 2010 was $6.9 million and $33.1 million, respectively. Diluted earnings per share were $0.56 for the third quarter of 2010, compared to $0.02 for the third quarter of 2009. Diluted earnings per share were $0.79 for the nine months ended September 30, 2010, compared to a diluted loss per share of ($0.16) for the nine months ended September 30, 2009.