TubeMogul (TUBE) Posts Smaller Q4 Loss, Guides

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TubeMogul Reports Financial Results for Fourth Quarter and Full Year 2014

February 26, 2015 4:15 PM EST

EMERYVILLE, Calif., Feb. 26, 2015 (GLOBE NEWSWIRE) -- TubeMogul, Inc. (Nasdaq: TUBE), a leading enterprise software company for video advertising, today reported financial results for its fourth quarter and year ended December 31, 2014.

Fourth Quarter 2014 Financial Highlights:

Total Spend1 was $82.6 million, an increase of 85% compared to $44.7 million in the fourth quarter of 2013. Revenue was $36.1 million, an increase of 64% compared to $22.0 million in the fourth quarter of 2013. Gross profit was $25.7 million, an increase of 77% compared to $14.5 million in the fourth quarter of 2013. Gross margin was 71% compared to 66% in the fourth... More