Web.Com Group, Inc. (WEB) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Earnings Press Release
10-K Annual Report
10-K YoY Changes
Web.Com Group, Inc.
Ticker: WEB CIK: 1095291

Exhibit 99.1

Web.com Reports Fourth Quarter and Full Year 2015 Financial Results


•	Fourth quarter revenue and profitability exceeded high end of guidance


•	Strong cash flow with $152.7 million of operating cash flow for the year, up 30% year over year, and $40.2 million in the fourth quarter, up 10% year over year


•	Repurchased 2,469,000 shares for $50.6 million and reduced debt by $95.3 million for the year


•	Repurchased 426,000 shares for $9.7 million and reduced debt by $27.8 million in the fourth quarter


•	3.4 million subscribers with 22,000 net additions in the fourth quarter

JACKSONVILLE, Fla. - February 11, 2016 - Web.com Group, Inc. (NASDAQ: WEB), a leading provider of Internet services and online marketing solutions for small businesses, today announced results for the

fourth quarter and full year ended December 31, 2015.

“Web.com reported a strong finish to 2015, with fourth quarter financial results that exceeded expectations for both revenue and profitability. Today’s announcement of the acquisition of Yodle is a great complement and natural extension of the success we had in 2015 towards our increased focus on value added digital marketing solutions,” said David L. Brown, chairman, chief executive officer and president of Web.com.

Brown continued, “Our strategic focus on delivering value added, high touch solutions is a key contributor to our performance this quarter. We are pleased with the progress we have made towards our growth and margin objectives, and we are confident that our differentiated set of solutions for small businesses positions us well to deliver improved growth and performance going forward.”

Summary of Fourth Quarter 2015 Financial Results

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Total revenue, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $138.3 million for the fourth quarter of 2015, compared to $134.5 million for the fourth quarter of 2014. Non-GAAP revenue was $141.3 million for the fourth quarter of 2015, compared to $140.4 million in the year ago quarter, and above the high end of the company's guidance range of $138.5 to $140.0 million.


•	GAAP operating income was $18.9 million for the fourth quarter of 2015, compared to $8.5 million for the fourth quarter of 2014. Non-GAAP operating income was $36.9 million for the fourth quarter

The following information was filed by Web.Com Group, Inc. (WEB) on Thursday, February 11, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate Web.Com Group, Inc.'s financial trajectory

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