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BMO Capital Cuts Price Target on TubeMogul (TUBE) to $8 Following 3Q Report

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TubeMogul Reports Financial Results for Third Quarter 2016

November 9, 2016 4:15 PM EST

EMERYVILLE, Calif., Nov. 09, 2016 (GLOBE NEWSWIRE) -- TubeMogul, Inc. (NASDAQ: TUBE), a leading software platform for brand advertising, today reported financial results for its third quarter ended September 30, 2016.

We had a strong third quarter and are encouraged by the continued momentum we are seeing across the business, said Brett Wilson, CEO of TubeMogul. Our results exceeded the midpoint of our guidance across all key metrics, and we are particularly pleased with the improved operating leverage we demonstrated in the quarter. Programmatic TV spend nearly tripled year over year, while... More