Quotient Technology (QUOT) Misses Q1 EPS by 8c, Sales Beat; Guides In-Line
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Quotient Technology Inc. Reports First Quarter 2016 Financial Results
May 3, 2016 4:05 PM EDTMOUNTAIN VIEW, Calif., May 3, 2016 /PRNewswire/ -- Quotient Technology Inc. (NYSE: QUOT), formerly Coupons.com Incorporated, a leader in the digital transformation of the multi-billion dollar promotions industry, today reported financial results for the first quarter ended March 31, 2016.
First Quarter 2016 Financial Highlights
Total revenue was $66.1 million in Q1 2016, a 19% increase over Q1 2015. Revenue from media increased 15% from a year ago. Adjusted EBITDA was $4.3 million, as compared to $4.0 million a year ago. GAAP net loss for Q1 2016 was $8.2 million, which included $7.6 million in stock-based compensation expense... More