Bankrate Inc. Q3 Profit Rises 11%

(RTTNews) - Bankrate Inc. (RATE) released earnings for its third quarter that rose compared to the same period last year.

The company said its bottom line came in at $19.86 million, or $0.19 per share. This was up from $17.86 million, or $0.17 per share, in last year's third quarter.

The company said revenue for the quarter fell 0.6% to $140.8 million. This was down from $141.6 million last year.

Bankrate Inc. earnings at a glance:

-Earnings (Q3): $19.86 Mln. vs. $17.86 Mln. last year. -Earnings Growth (Y-o-Y): 11.2% -EPS (Q3): $0.19 vs. $0.17 last year. -EPS Growth (Y-o-Y): 11.8% -Revenue (Q3): $140.8 Mln vs. $141.6 Mln last year. -Revenue Change (Y-o-Y): -0.6%

-Guidance: Next quarter revenue guidance: $130 - $135 Mln Full year revenue guidance: $545 - $550 Mln