Rocket Fuel (FUEL) Posts Much Smaller Q2 Loss

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Go back to Rocket Fuel (FUEL) Posts Much Smaller Q2 Loss

Rocket Fuel Reports Positive Adjusted EBITDA for Second Quarter 2015

August 5, 2015 4:15 PM EDT

REDWOOD CITY, Calif., Aug. 5, 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 second quarter ended June 30, 2015. Rocket Fuel posted 30% growth in both revenue and non-GAAP net revenue, and positive adjusted EBITDA of $1.4 million.

"Rocket Fuel had a strong second quarter as results beat our prior guidance and our focus on efficiency and costs led to a faster than expected return to adjusted EBITDA... More