TubeMogul (TUBE) PT Raised to $25 at Piper Jaffray
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TubeMogul Reports Financial Results for First Quarter 2015 and Raises Full Year 2015 Guidance
May 12, 2015 4:15 PM EDTEMERYVILLE, Calif., May 12, 2015 (GLOBE NEWSWIRE) -- TubeMogul, Inc. (Nasdaq: TUBE), a leading enterprise software company for brand advertising, today reported financial results for its first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights:
Total Spend1 was $71.3 million, an increase of 48% compared to $48.0 million in the first quarter of 2014. Revenue was $30.3 million, an increase of 38% compared to $22.0 million in the first quarter of 2014. Gross profit was $22.0 million, an increase of 39% compared to $15.8 million in the first quarter of 2014. Gross margin was 73% compared to 72% in the first quarter of... More