YuMe (YUME) Misses Q1 EPS by 5c, Offers Q2, FY Guidance

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YuMe Reports First Quarter 2015 Financial Results

May 7, 2015 4:06 PM EDT

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- YuMe, Inc. (NYSE: YUME), a leading provider of digital video brand advertising solutions, today announced its financial results for the first quarter ended March 31, 2015. Financial highlights include:

Revenue of $40.1 million, an increase of 7.7% from the first quarter of 2014 (Q1 2014); Gross margin of 47.0%, compared to 45.9% in Q1 2014; Adjusted EBITDA1 loss of $2.5 million, compared to an adjusted EBITDA loss of $2.7 million in Q1 2014; Net loss of $6.0 million, or $0.18 per diluted share, compared to... More