InnerWorkings' Revenue Increased 19 Percent in First Quarter
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• Adjusted EBITDA increased from $3.3 million in the first quarter of 2009 to $5.5 million in the first quarter of 2010. Please refer to the non-GAAP reconciliation table below for more information.
"We generated healthy sales growth during the first quarter driven primarily by our new enterprise wins ramping to plan while also receiving a modest lift from an increase in same customer spends," said Eric D. Belcher, Chief Executive Officer of InnerWorkings. "We are pleased that our new growth strategy is beginning to produce improved results for the Company."
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