Rocket Fuel (FUEL) Tops Q1 EPS by 9c; Issues Light Q2 Revenue Outlook

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Rocket Fuel Reports First Quarter 2015 Financial Results

May 7, 2015 4:15 PM EDT

REDWOOD CITY, Calif., May 7, 2015 (GLOBE NEWSWIRE) -- Rocket Fuel Inc. (Nasdaq: FUEL), a leading programmatic marketing platform provider that uses artificial intelligence (AI) at Big Data scale to optimize marketing ROI for global agencies and enterprise marketers, today reported results for the first quarter ended March 31, 2015.

"Rocket Fuel's first quarter was highlighted by 40% revenue growth and a smaller than anticipated non-GAAP adjusted EBITDA loss driven by a sharp focus on company-wide expenses," said Monte Zweben, Interim Chief Executive Officer. "We are highly focused on deepening our strategic agency relationships, expanding our enterprise solution... More