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NYSE: XOXO(common stock)

33.97 -0.23 -0.67% Volume: 66,235 Minimum 20 min delay July 20, 2018

Press Release Details

Jeffrey Yin Joins XO Group Inc. as General Counsel

01/02/2018

Seasoned Attorney Brings Diverse Expertise to Lead XO Group Legal Division

NEW YORK, Jan. 2, 2018 /PRNewswire/ -- XO Group Inc. (NYSE: XOXO) today announced the appointment of Jeffrey Yin as General Counsel, reporting to CEO Mike Steib and serving on XO Group's executive team.

Jeffrey Yin Joins XO Group Inc. as General Counsel

"I'm excited to welcome Jeffrey to XO Group," said Mike Steib, CEO of XO Group Inc. "He's not only an expert legal adviser, but a strong, strategic business leader. His ability to apply his insights as a legal professional while keeping the business strategy top of mind will be a key asset to our executive team and company."

Mr. Yin brings to XO Group nearly 20 years of experience advising a diverse portfolio of businesses ranging from emerging growth startups to large public companies. As an expert in his field, he has served as lead attorney on numerous public offerings and acquisitions, and is a trusted adviser on securities law compliance and negotiating commercial and strategic transactions.

Most recently, Mr. Yin served as the General Counsel of The Alberleen Group, a boutique investment bank and family office. He previously served as the Chief Compliance Officer and General Counsel of Medallion Financial Corp., a publicly traded specialty finance business. Mr. Yin's law firm experience includes Orrick, Herrington & Sutcliffe LLP and Brobeck, Phleger & Harrison LLP, in the business and technology groups.

"XO Group is a long-standing, successful public company in the midst of a value-creating transition," said Mr. Yin. "I am excited to join the team and help drive the business forward as it continues its mission to serve couples planning and celebrating the most important moments of their lives."

Mr. Yin received a B.A. in Economics and Rhetoric from the University of California at Berkeley and a J.D. from the New York University School of Law

About XO Group Inc.
Our mission is to help people navigate and truly enjoy life's biggest moments together. Our multiplatform brands guide couples through transformative lifestages—from getting married to moving in together and having a baby—and include The Knot (the #1 wedding planning resource), The Bump (a leading pregnancy and parenting brand), The Nest (the hip guide to all things home for new couples), and GigMasters (a leading event marketplace). The company is publicly listed on the New York Stock Exchange (XOXO) and is headquartered in New York City.

Forward-Looking Statements
This release may contain projections or other forward-looking statements regarding future events or our future financial performance. These statements are only predictions and reflect our current beliefs and expectations. Actual events or results may differ materially from those contained in the projections or forward-looking statements. It is routine for internal projections and expectations to change, and therefore it should be clearly understood that the internal projections and beliefs upon which we base our expectations may change. Although these expectations may change, we will not necessarily inform you if they do or update this release. Please refer to documents we file from time to time with the Securities and Exchange Commission for a discussion of the risks and other factors that could cause actual results to differ materially from the forward-looking statements contained herein. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

 

XO Group Inc. (PRNewsFoto/XO Group Inc.) (PRNewsfoto/XO Group Inc.)

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SOURCE XO Group Inc.

Melissa Bach, Director, Public Relations, XO Group Inc., (212) 515-3594, mbach@xogrp.com; Lauren Nolan, Manager, Public Relations, XO Group Inc., (212) 515-3595, lnolan@xogrp.com; Ivan Marmolejos, Investor Relations, XO Group Inc., (718) 560-2217, imarmolejos@xogrp.com

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Non-GAAP Information

XO Group Inc also uses certain financial measures that are not prepared in accordance with generally accepted accounting principles in the United States ("U.S. GAAP"), including adjusted EBITDA, adjusted net income, adjusted net income per diluted share and free cash flow. These non-GAAP measures have important limitations as analytical tools and should not be considered in isolation or as substitutes for an analysis of our results as reported under U.S. GAAP. Our use of these terms may vary from the use of similarly-titled measures by others in our industry due to the potential inconsistencies in the method of calculation and differences due to items subject to interpretation.

Management defines its non-GAAP financial measures as follows:

  • Adjusted EBITDA represents U.S. GAAP net income (loss) adjusted to exclude, if applicable: (1) provision (benefit) for income taxes, (2) depreciation and amortization, (3) stock-based compensation expense, (4) impairment charges and asset write-offs, (5) loss in equity interests, (6) interest and other income, net (7) net loss attributable to non-controlling interest and (8) other items impacting comparability in the period.
  • Adjusted net income represents U.S. GAAP net income (loss), adjusted for incremental or unusual costs incurred in the current period, which may include: (1) impairment charges and asset write-offs, (2) executive severance and other restructuring charges and (3) the impact of certain foreign taxes, interest and penalties.
  • Adjusted net income per diluted share represents adjusted net income (as defined above), divided by the diluted weighted-average number of shares outstanding for the period.
  • Free cash flow represents U.S. GAAP net cash provided by operations, less capital expenditures.

Management believes that these non-GAAP financial measures, when viewed with our results under U.S. GAAP and the accompanying reconciliations, provide useful information about our period-over-period growth and provide additional information that is useful for evaluating our operating performance. However, adjusted EBITDA, adjusted net income, adjusted net income per diluted share and free cash flow are not measures of financial performance under U.S. GAAP and, accordingly, should not be considered substitutes for or superior to net income (loss) and net income (loss) per diluted share and net cash provided by operating activities as indicators of operating performance. A reconciliation of GAAP to Non-GAAP financial measures is included in the periodic reports and other documents filed from time-to-time by XO Group with the Securities and Exchange Commission.

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