MaxPoint Interactive (MXPT) Posts Smaller Q1 Loss
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Needham & Company is Bullish Following MaxPoint Interactive (MXPT) Q1 Results
May 14, 2015 8:31 AM EDTNeedham & Company maintain a Buy rating and price target of $12.00 on MaxPoint Interactive (NYSE: MXPT) following Q1. MXPT reported gross revenue of $28.7M, which came above expectations of $24.4M. Adjusted EBITDA of ($5.2M) was also better than consensus of ($7..7M).
Needham & Company analyst, Kerry Rice, commented on MXPT, saying, "MaxPoint's Q1 and FY15 guidance exceeded... More
