Piper Jaffray Downgrades YuMe, Inc. (YUME) to Neutral
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YuMe Reports Second Quarter 2015 Financial Results
August 10, 2015 4:05 PM EDTREDWOOD CITY, Calif.--(BUSINESS WIRE)-- YuMe, Inc. (NYSE: YUME), the global audience technology company powered by data-driven insights and multi-platform expertise, today announced its financial results for the second quarter ended June 30, 2015. Financial highlights include:
Revenue of $40.4 million, compared to $40.4 million in the second quarter of 2014 (Q2 2014); Adjusted EBITDA1 loss of $1.9 million, compared to an adjusted EBITDA loss of $0.1 million in Q2 2014; Net loss of $5.8 million, or $0.17 per diluted share, compared to a net loss of $2.6 million, or $0.08 per diluted share, in Q2 2014;... More