Coinstar Announces 63% Growth in Revenue and 893% Growth in EBITDA and 84% Growth in Direct Contribution for 1999.
Business Wire › February 01, 2000
Linked as:
Extract
Coinstar Announces 63% Growth in Revenue and 893% Growth in EBITDA and 84% Growth in Direct Contribution for 1999.
Business Editors
BELLEVUE, Wash.--(BUSINESS WIRE)--Feb. 1, 2000 Coinstar, Inc. (Nasdaq:CSTR), a retail-based coin counting and e-services company, today announced results for the fourth quarter and year ended Dec. 31, 1999. Coinstar reported record revenue of $22.0 million for the fourth quarter of 1999, an increase of 49% from $14.8 million for the same period of 1998. For 1999, the company reported record revenue of $77.7 million, up 63% from $47.7 million in 1998. The growth in revenue was primarily driven by increased customer use of Coinstar's existing coin processing units, continued expansion of Coinstar's network and a...See the full content of this document
Sponsored links
