MaxPoint Interactive (MXPT) Posts Smaller Q1 Loss

MaxPoint Interactive (NYSE: MXPT) reported Q1 EPS of ($0.37), $0.27 better than the analyst estimate of ($0.64). Revenue for the quarter came in at $16.8 million versus the consensus estimate of $14.33 million.

“We had a very solid quarter and start to the year,” said Joe Epperson, MaxPoint’s co-founder and CEO. “We continue to demonstrate our ability to advance our business and gain market share within our industry as evidenced by our growth in revenue and number of enterprise customers. We are as focused as ever on increasing shareholder value since our initial public offering in March of this year.”

MaxPoint Interactive sees Q2 2015 revenue of $21.2-22.6 million, versus the consensus of $21.94 million. Adjusted EBITDA1 for the second quarter ending June 30, 2015 is expected to be between ($3.6) million and ($3.0) million.

MaxPoint Interactive sees FY2015 revenue of $91.5-93 million, versus the consensus of $89.7 million. Adjusted EBITDA1 for the fiscal year ending December 31, 2015 is expected to be between ($15.5) million and ($14.5) million.

For earnings history and earnings-related data on MaxPoint Interactive (MXPT) click here.

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