TubeMogul Reports Financial Results for Second Quarter 2016
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Piper Jaffray Cuts Price Target on TubeMogul (TUBE) to $17 Following 2Q Report
August 9, 2016 9:17 AM EDTPiper Jaffray maintained an Overweight rating on TubeMogul, Inc (NASDAQ: TUBE), and cut the price target to $17.00 (from $23.00), following the company's 2Q earnings report. TubeMogul reported Q2 revenue of $55.4 million, 5% below the Street's $58.2 million. EBITDA was $2.4 million, slightly ahead of the Street's $2.3 million.
Analyst Gene... More
JMP Securities Downgrades TubeMogul, Inc (TUBE) to Market Perform
August 9, 2016 6:57 AM EDTJMP Securities downgraded TubeMogul, Inc (NASDAQ: TUBE) from Market Outperform to Market Perform and removed its price target (prior $22.00).
For an analyst ratings summary and ratings history on TubeMogul, Inc click here. For more ratings news on TubeMogul, Inc click here.
Shares of TubeMogul, Inc closed at $12.64 yesterday.
... MoreTubeMogul (TUBE) Misses Q2 EPS by 4c; Guides Below the Street
August 8, 2016 4:23 PM EDTTubeMogul (NASDAQ: TUBE) reported Q2 EPS of ($0.11), $0.04 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $55.4 million versus the consensus estimate of $58.14 million.
GUIDANCE:
TubeMogul sees Q3 2016 revenue of $53-55 million, versus the consensus of $57.5 million.
TubeMogul sees FY2016 revenue of $217-221 million, versus the consensus of $229.12 million.
We saw very strong growth in our non-desktop pre-roll channels as brand clients are increasingly using our software to plan and buy... More
