Fourth Quarter Highlights:

• Total revenues increased 12.8 percent to $259.4 million, compared with $229.9 million in the prior year period reflecting strong growth across all three of the Company’s business segments.
• Net loss was $8.3 million, or a loss of $0.13 per share, compared with net loss of $8.2 million, or a loss of $0.13 per share, in the prior year period. Adjusted net loss in the prior year period was $7.6 million, or a loss of $0.12 per share.
• Adjusted EBITDA⁽¹⁾ was a loss of $2.7 million, compared with an Adjusted EBITDA loss of $1.8 million in the prior year period.

Full Year Highlights:

• Total revenues increased 8.4 percent to $1.25 billion, compared with $1.15 billion in the prior year period reflecting strong growth across all three of the Company’s business segments.
• Net income was $34.8 million, or EPS of $0.52, compared with net income of $40.8 million or EPS of $0.61 in the prior year period. On a comparable basis, fiscal 2018 net income was $29.3 million⁽¹⁾, or Adjusted EPS⁽¹⁾ of $0.44.
• Adjusted EBITDA⁽¹⁾ was $82.1 million, compared with $78.9 million in the prior year.

Fiscal 2020 Outlook:

• The Company expects to continue its strong revenue growth momentum and is providing guidance for revenue growth in a range of 8-to-9 percent for fiscal 2020. In addition, the Company expects to drive accelerated EBITDA and EPS growth in a range of 8-to-10 percent during fiscal 2020, reflecting the leverage in its business model.

( ⁽¹⁾Refer to “Definitions of Non-GAAP Financial Measures” and the tables attached at the end of this press release for reconciliation of Non-GAAP (“Adjusted” and “Comparable”) results to applicable GAAP results.)