Rewards Network Inc. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Rewards Network Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net income of $1,907,000, or $0.21 per diluted share, income before income tax provision of $2,966,000, operating income of $2,981,000 on total operating revenues of $17,532,000 compared to net income of $1,492,000, or $0.16 per diluted share, income before income tax provision of $2,005,000, operating income of $2,084,000 on total operating revenues of $18,629,000 for the same period last year. For the third quarter of 2009, the company reported total sales of $52.8 million, 15.5% lower as compared $62.4 million to the prior year period, For the nine months, the company reported net income of $3,074,000, or $0.34 per diluted share, income before income tax provision of $6,105,000, operating income of $6,170,000 on total operating revenues of $51,187,000 compared to net income of $4,559,000, or $0.50 per diluted share, income before income tax provision of $7,194,000, operating income of $7,903,000 on total operating revenues of $58,037,000 for the same period last year. Net cash provided by operations was $24,396,000 against $26,359,000 for the same period last year. During the first three quarters of 2009, the company used $2.3 million for capital expenditures. Sales for the nine months ended September 30, 2009 were $161.3 million, 13.8% lower as compared $187.2 million to the prior year period, largely as a result of a difficult economy.

Rewards Network Inc. has announced a partnership with Best Buy Co. Inc. for new members who can earn points toward purchases at the retail chain just for dining out at Rewards Network restaurants. The Rewards Network programmed has introduced Reward Zone Dining, where members need only to sign up at the Reward Zone Dining web site and then dine at any one of thousands of participating restaurants, bars and clubs to begin earning points. Each dine will earn points for members that can be used at any Best Buy location. New members can earn 500 points when they spend USD 25 or more on one dine during their first 30 days of joining the programmed. With 500 points translating to a USD 10 Reward Zone certificate, this means diners can use their points to purchase merchandise at Best Buy after just one meal.