Telaria (TLRA) Reports In-Line Q2 EPS, Revenues In-Line; Offers FY18 Revenue Mid-Point Outlook Above Consensus

Telaria (NYSE: TLRA) reported Q2 EPS of ($0.06), in-line with the analyst estimate of ($0.06). Revenue for the quarter came in at $12.4 million versus the consensus estimate of $12.44 million.

“I am extremely proud of what we have been able to accomplish in year one as Telaria," said Mark Zagorski, Telaria CEO. "Our results through the first six months of this year included strong revenue growth and further improvements in EBITDA, as well as the addition of numerous key partners and the launch of our VMP. These advancements are the result of our leading team, innovative technology and forward-thinking strategy which is specifically tailored to take advantage of the exciting CTV opportunity."

GUIDANCE:

Telaria sees FY2018 revenue of $58-62 million, versus the consensus of $59.22 million.

For earnings history and earnings-related data on Telaria (TLRA) click here.

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