Points International Reports Preliminary First Quarter 2020 Results and Provides Business Update in Response to COVID-19
(WorldNews Canada)

- Full Q1 2020 Financial Results to be Issued on May 13, 2020 - - Annual General Meeting to be Virtual Only; Postponed to May 22, 2020 - TORONTO, April 06, 2020 (GLOBE NEWSWIRE) -- Points International Ltd. (TSX: PTS) (Nasdaq: PCOM) (Points or the Company), the global leader in powering loyalty commerce, is providing a preliminary update on its first quarter 2020 results and 2020 outlook, as well as an update on its response to the COVID-19 pandemic. Q1 2020 Financial Highlights (vs. Q1 2019) Gross profit1 expected to range between $13.6 million and $14.2 million. Adjusted EBITDA2 expected to range between $3.2 million and $3.9 million At March 31, 2020, total funds available stood at...