MaxPoint Interactive (MXPT) Posts Smaller Q1 Loss
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MaxPoint Interactive Announces First Quarter 2015 Earnings Results
May 13, 2015 4:05 PM EDTRevenue increases 87% and Revenue ex-TAC increases 90% from First Quarter 2014
RALEIGH, N.C.--(BUSINESS WIRE)-- MaxPoint (NYSE: MXPT), the company that helps manufacturers and retailers generate in-store sales with its innovative Digital Zip® technology, today announced its financial results for the quarter ended March 31, 2015.
Financial Highlights:
Revenue of $28.7 million increased 87% in the first quarter of 2015, compared to $15.4 million for the first quarter of 2014. Revenue ex-TAC1 of $16.8 million increased 90% in the first quarter of 2015, compared to $8.8 million for the first... More