(RTTNews) - Thursday, Bankrate, Inc.
(RATE) reported net income for the first quarter of $6.8 million, or $0.35 per share, up from $5.4 million, or $0.28 per share last year.
Adjusted earnings per share increased 39% to $0.46 from $0.33 a year ago, while analysts anticipated $0.45 for the quarter.
Total revenue for the first quarter increased 91% to $42.5 million from $22.2 million a year ago, while analysts expected $38.9 million for the quarter.
For the full year, the company expects revenues in the range of $167 million - $172 million, while analysts expect $169.1 million for the year.
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