Brief: Yellow Pages reports Q2 earnings per share $0.03

Yellow Pages

10/08/2017 12:15

Aug 10 (Reuters) - Yellow Pages Ltd  Y.TO  
    * Yellow Pages Limited reports second quarter 2017 financial 
and operating results 
    * Qtrly earnings per share $0.03 
    * Q2 revenue fell 9.2 percent to C$191.2 million 
    * Yellow Pages Ltd - Expects to meet its 2017 guidance 
targets communicated on May 10, 2017 for total revenue, adjusted 
EBITDA and free cash flow 
    * Yellow Pages Ltd - Company has lowered its 2017 
expectations for customer count and digital revenue growth. 
    * Sees FY 2017 revenue C$770 million to C$780 million 
    * Yellow Pages Ltd sees  2017 capital expenditures, net of 
related lease incentives, of less than $65 million 
    * Qtrly customer count 236,500 versus 244,000 
    * Yellow Pages Ltd sees  2017 customer count of 
approximately 230,000 
    * Qtrly digital revenues decreased 2.9% year-over-year to 
$138.3 million; digital revenues now account for 72% of total 
revenues 
    * Yellow Pages Ltd - Yellow Pages expects to begin piloting 
elements of initiatives, including evergreen contracts, in 
second half of 2017 
    * Yellow Pages Ltd - Company remains on track to complete 
implementation of initiatives in 2018 
    * Yellow Pages Ltd - All figures in Canadian dollars 
 
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