TubeMogul (TUBE) Quarterly Results Show an Early Lead in Cross Screen Brand Advertising - RBC Capital
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TubeMogul Reports Strong Financial Results for Third Quarter 2015 and Raises Full Year 2015 Guidance
November 9, 2015 4:15 PM ESTEMERYVILLE, Calif., Nov. 9, 2015 (GLOBE NEWSWIRE) -- TubeMogul, Inc. (NASDAQ: TUBE), a leading enterprise software company for brand advertising, today reported financial results for its third quarter ended September 30, 2015.
Third Quarter 2015 Financial Highlights:
Total Spend1 was $103.4 million, an increase of 65% compared to $62.5 million in the third quarter of 2014. Revenue was $46.5 million, an increase of 70% compared to $27.4 million in the third quarter of 2014. Gross profit was $31.1 million, an increase of 63% compared to $19.2 million in the third quarter of 2014. Operating loss was $(3.0) million, compared to operating loss of... More