GXS Worldwide, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, revenue was $118.746 million against $118.912 million a year ago. Operating income was $17.123 million against $18.184 million a year ago. Loss before income taxes was $6.471 million against $3.873 million a year ago. Net loss attributable to the company was $7.290 million against $4.627 million a year ago. Net cash provided by operating activities was $25.046 million against $30.187 million a year ago. Purchases of property and equipment (including capitalized interest) was $10.421 million against $11.107 million a year ago. Adjusted EBITDA was $31.9 million against $33.7 million a year ago. The company is re-affirming its second quarter of 2013 and fiscal year of 2013, financial guidance. For second quarter, revenue and adjusted EBITDA remains unchanged in the range of $120 to $121 million and $34 to $35 million, respectively. Net loss to be $4.1 million to $4.6 million. For fiscal year of 2013, revenue, adjusted EBITDA, CAPEX and MCV remain unchanged at $485 to $495 million, $145 to $150 million, $40 to $45 million, and $220 to $230 million, respectively. Net loss to be $7.4 million to $8.4 million.

GXS Worldwide, Inc., Q1 2013 Fixed Income Call, May 14, 2013

GXS Worldwide, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported revenue of $126,524,000 compared to $124,248,000 a year ago. Operating income was $23,340,000 compared to $26,540,000 a year ago. Income before income taxes was $803,000 compared to $6,595,000 a year ago. Net income attributable to the company was $291,000 compared to $2,409,000 a year ago. Adjusted EBITDA was $39.0 million compared to $43.2 million a year ago. Capital expenditures were $9.4 million as compared to $8.5 million in fourth quarter 2011. For the full year, the company reported revenue of $487,524,000 compared to $479,887,000 a year ago. Total revenue for the full years 2012 and 2011 was negatively impacted by the Generally Accepted Accounting Principles write-down of certain deferred revenue from RollStream and from Inovis International, Inc. which was acquired on June 2, 2010. Operating income was $83,512,000 compared to $90,517,000 a year ago. Loss before income taxes was $6,266,000 compared to income before income taxes of $5,525,000 a year ago. Net loss attributable to the company was $10,213,000 compared to $1,284,000 a year ago. Net cash provided by operating activities were $66,617,000 compared to $45,648,000 a year ago. Purchases of property and equipment were $40,767,000 compared to $42,782,000 a year ago. Adjusted EBITDA was $146.5 million compared to $155.2 million a year ago. For first quarter 2013, the company’s revenue is expected to be in the range of $118 to $119 million, between (0.8%) and 0.1% versus first quarter 2012 (0.3% to 1.1%, adjusting for forecasted currency impact at current levels), and adjusted EBITDA is expected to be in the range of $29 to $30 million, a decline of between 13.8% and 10.9% (a decline of 12.4% to 9.4%, adjusting for forecasted currency impact at current levels) versus first quarter 2012. The company expects interest expense is to be in the range of $21.1 million to $21.2 million and depreciation and amortization is to be in the range of $14.0 million to $14.4 million and net loss to be in the range of $9.1 million to $9.6 million. For second quarter 2013, the company’s revenue is expected to be in the range of $120 to $121 million, between (0.7%) and 0.2% versus second quarter 2012 (1.0% to 1.8%, adjusting for forecasted currency impact at current levels), and adjusted EBITDA is expected to be in the range of $34 to $35 million, a decline of between 7.0% and 4.3% (a decline of 4.6% to 1.9%, adjusting for forecasted currency impact at current levels) versus second quarter 2012. The company expects interest expense is to be in the range of $21.1 million to $21.2 million and depreciation and amortization is to be in the range of $14.0 million to $14.4 million and net loss to be in the range of $4.1 million to $4.6 million. For 2013, the company’s revenue is expected to be in the range of $485 to $495 million, representing a year over year change of between (0.5%) and 1.5% (0.8% to 2.8%, adjusting for forecasted currency impact at current levels). Adjusted EBITDA is expected to be in the range of $145 to $150 million, representing a year over year change of between (1.0%) and 2.4% (0.8% to 4.3%, adjusting for forecasted currency impact at current levels). MCV is expected to be in the range of $220 to $230 million, representing an increase of between 7.6% and 12.5% versus the full year 2012. The company expects full year capital expenditure of $40 million to $45 million, a decline of 1.9% on the low end to an increase of 10.4% on the high end versus capital expenditure spend in 2012. So in summary, guidance for 2013 represents constant currency pro forma revenue growth of between roughly 1% and 3% and adjusted EBITDA growth of between roughly 1% and 4%. The company expects interest expense is to be in the range of $84.4 million to $84.8 million and depreciation and amortization is to be in the range of $56 million to $57.6 million and net loss to be in the range of $7.4 million to $8.4 million.