Marathon Patent Group, Inc. Announces Sequential Quarterly Revenue Increased 368% to $6.4 Million in Q3 2015

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Roth Capital Cuts Price Target on Marathon Patent Group (MARA) Following 3Q Beat

November 17, 2015 7:44 AM EST

Roth Capital maintained a Buy rating on Marathon Patent Group (NASDAQ: MARA), and cut the price target to $7.00 (from $8.00), following the company's 3Q earnings report. Marathon Patent lost $3.8 million or ($0.26) per share on revenue of $6.4 million y/y. Roth's estimate was a $3.5 million loss... More

Marathon Patent Group (MARA) Tops Q3 EPS by 2c

November 16, 2015 4:01 PM EST

Marathon Patent Group (NASDAQ: MARA) reported Q3 EPS of ($0.26), $0.02 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $6.4 million versus the consensus estimate of $4.8 million.

Non-GAAP net loss for Q3 2015 was approximately $88,000 compared to non-GAAP net loss of $4.5... More