Rocket Fuel Reports Financial Results for Third Quarter 2015, Appoints New CEO and Announces Management Changes

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Rocket Fuel (FUEL) Announces Management Changes; BMO Capital Cuts Price Target to $5

November 5, 2015 2:29 PM EST

BMO Capital maintained a Market Perform rating on Rocket Fuel (NASDAQ: FUEL), and cut the price target to $5.00 (from $9.00), following 3Q results and management transitions. Rocket Fuel announced that CRO Randy Wooten is the new CEO, Dave Sankaran has resigned as CFO,... More

Rocket Fuel (FUEL) Posts Smaller Q3 Loss

November 4, 2015 4:39 PM EST

Rocket Fuel (NASDAQ: FUEL) reported Q3 EPS of ($0.16), $0.09 better than the analyst estimate of ($0.25). Revenue for the quarter came in at $111.8 million versus the consensus estimate of $122.34 million.

Rocket Fuel sees Q4 2015 non-GAAP revenue of $68-72 million.

Rocket Fuel appointed Randy Wootton as... More