Millennial Media Reports First Quarter 2015 Financial Results

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Millennial Media (MM) Tops Q1 EPS by 3c, Offers Q2, FY Outlook

May 5, 2015 4:27 PM EDT

Millennial Media (NYSE: MM) reported Q1 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $63.2 million versus the consensus estimate of $57.3 million.

Outlook

For the second quarter of 2015, Millennial Media currently expects total gross billings to be in the range of $86 million to $89 million,... More