Rubicon Project (RUBI) Tops Q1 EPS by 2c; Updates FY16 Outlook

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Rubicon Project Reports First Quarter Results

May 3, 2016 4:03 PM EDT

Record Q1 Results Highlight Long-Term Strength of Differentiated Business Model; Drive 71% Growth in Non-GAAP Net Revenue Year-over-Year

First quarter non-GAAP net revenue(1) of $63.6 million, an increase of 71% year-over-year First quarter GAAP revenue of $69.2 million, an increase of 86% year-over-year First quarter Adjusted EBITDA(1) of $15.5 million (a 24% Adjusted EBITDA margin(2)), an increase of 269% year-over-year First quarter non-GAAP earnings per share(1) of $0.31, an increase of 1,450% year-over-year First quarter net income of $2.3 million, an increase of $7.3 million year-over-year, and $0.05 per diluted... More