10:04 AM EST - Points International Ltd. : Is providing a preliminary update on its fourth quarter and full year 2020 financial results. Fourth-quarter 2020 gross profit is expected in the $8.3 and $8.7 million range, with adjusted EBITDA expected to be between $0.2 million and $0.6 million. These expected results compare to $5.7 million of gross profit and $(1.1) million in adjusted EBITDA in the third quarter of 2020. For the full year, Points expects 2020 gross profit in the $34.8 and $35.2 million range, with adjusted EBITDA expected in the $3.0 and $3.4 million range. Points International Ltd.
shares T.PTS are trading up $0.21 at $19.67.
