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Sizmek Reports Third Quarter 2014 Results

November 13, 2014 4:05 PM EST

AUSTIN, Texas, Nov. 13, 2014 (GLOBE NEWSWIRE) -- Sizmek Inc. (Nasdaq: SZMK), a global open ad management company that delivers multiscreen campaigns, today reported financial results for the third quarter ended September 30, 2014. Revenues for the three months ended September 30, 2014 increased 3% to $39.5 million compared to the same period of 2013. The traditional rich media business declined 35%, offset by the remaining products core to the business that grew 30%. Core products include mobile, video, data driven products, services and all other non-rich media products.

"We are pleased to see our strategy to diversify the product mix to higher growth areas... More