TubeMogul (TUBE) Posts Smaller Q4 Loss, Guides

TubeMogul (NASDAQ: TUBE) reported Q4 EPS of ($0.14), $0.03 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $36.1 million versus the consensus estimate of $32.2 million.

TubeMogul sees Q1 2015 revenue of $28-30 million, versus the consensus of $31.6 million.

TubeMogul sees FY2015 revenue of $142-152 million, versus the consensus of $152.21 million.

"We continued to see strong adoption of our software in the fourth quarter by both brands and agencies," said Brett Wilson, CEO of TubeMogul. "Brands and agencies increasingly recognize the advantages of a centralized buying platform and the opportunity to gain more control over their media spend. We are well positioned to partner with them as they make this transition to a software-driven advertising platform. Our outlook for 2015 is exciting as we begin to make inroads to accessing television ad budgets and add display and social advertising formats to our software."

For earnings history and earnings-related data on TubeMogul (TUBE) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Diana Shipping withdraws bid to acquire Genco Shipping
• Optimum Communications gets NYSE non-compliance notice over stock price