RBC Capital Raises Price Target on Quotient Technology (QUOT) Following 2Q Beat
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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... MoreCoupons.Com Unveils America's 25 Most Frugal Cities of 2015
May 2, 2016 7:00 AM EDTMOUNTAIN VIEW, Calif., May 2, 2016 /PRNewswire/ --Â For the sixth year, Coupons.com, Quotient Technology Inc.'s (NYSE: QUOT) flagship savings destination, is releasing America's Most Frugal Cities list, showcasing cities with the most budget-conscious shoppers. According to the 2015 Coupons.com Savings Index[1], shoppers in 2015 clipped more than 1.6 billion digital coupons and saved more than $2.3 billion on consumer packaged goods, including grocery and household items.... More
