Rocket Fuel (FUEL) Posts Much Smaller Q2 Loss

Rocket Fuel (NASDAQ: FUEL) reported Q2 EPS of ($0.17), $0.25 better than the analyst estimate of ($0.42). Revenue for the quarter came in at $120 million versus the consensus estimate of $119.26 million.

Rocket Fuel had a strong second quarter as results beat our prior guidance and our focus on efficiency and costs led to a faster than expected return to adjusted EBITDA profitability," said Monte Zweben, Interim Chief Executive Officer. "We also made solid progress adding new agency and direct customers and are in discussions with some of the largest companies and brands in the world about using Rocket Fuel's AI to power their marketing programs."

Financial Outlook for the Third Quarter of 2015

For the third quarter of 2015, the company expects:

- Non-GAAP net revenue in the range of $68 million to $73 million.

- Non-GAAP adjusted EBITDA of $0 to $4 million.

Rocket Fuel continues to have a financial goal of achieving positive non-GAAP adjusted EBITDA for the full fiscal year 2015.

For earnings history and earnings-related data on Rocket Fuel (FUEL) click here.

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