InnerWorkings Announces Q4 and Full Year 2012 Results and 2013 Guidance

CHICAGO—February 13, 2013—InnerWorkings Inc., a leading global marketing supply chain company, today reported results for the fourth quarter and fiscal year ended December 31, 2012.

Quarterly Highlights:

• Record revenue of $208.0 million, an increase of 19 percent compared to revenue of $175.2 million in the fourth quarter of 2011. Growth was driven by 16 percent organic growth in this quarter versus the fourth quarter of 2011.
• Record adjusted cash flow generated from operations of $21.9 million, an increase of 94 percent compared to $11.3 million in the fourth quarter of 2011.
• Adjusted diluted earnings per share increased by 25 percent to $0.15 per diluted share in the fourth quarter, compared to $0.12 per adjusted diluted share in the year-earlier period.
• Record adjusted EBITDA of $12.5 million, compared to $11.2 million in the year-earlier period.

Fiscal Year Highlights: