Sizmek (SZMK) Reports Q3 Loss of $0.26; Acquires PointRoll in $20M Deal
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Sizmek Reports Third Quarter 2015 Results
November 12, 2015 4:04 PM ESTCore Business Revenues Grow 30% on foreign currency adjusted basis Mobile Revenues Increase over 300% fueled by HTML 5 adoption Acquisition of Dynamic Creative Solutions business will leverage platform investment Â
AUSTIN, Texas, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Sizmek Inc. (NASDAQ: SZMK), a global open ad management company that delivers multiscreen campaigns, today reported financial results for the third quarter ended September 30, 2015. Revenues for the three months ended September 30, 2015 were $40.3 million compared to $39.5 million in the prior year. On a constant... More
Sizmek Acquires Dynamic Creative Optimization Business, Creating Leading DCO Solution in Digital Advertising
November 12, 2015 4:04 PM ESTAUSTIN, Texas, Nov. 12, 2015 (GLOBE NEWSWIRE) -- Sizmek, Inc. (Nasdaq: SZMK), a leading open ad management platform company for multiscreen campaigns, announced today it has acquired PointRoll, the dynamic creative solutions business of Cofactor, a Tegna Company, for $20.0 million, comprised of $11.0 million in cash and $9.0 million in seller financing. The transaction will close immediately.Â
DCO is an increasingly important element of digital advertising, as it optimizes specific audience creative against data insights, which is at the heart of any effective online advertising campaign, said Neil Nguyen, CEO and President of Sizmek. This is a very... More
