YuMe Reports Second Quarter 2016 Financial Results
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Piper Jaffray Cuts Price Target on YuMe (YUME) to $3; Reiterates Neutral
August 10, 2016 9:10 AM EDTPiper Jaffray maintained a Neutral rating on YuMe, Inc. (NYSE: YUME), and cut the price target to $3.00 (from $4.00), following the company's 2Q earnings report. YuMe reported Q2 revenue of $40.7 million, 1% below of the Street's $41.2 million. Q2 EBITDA was $2.3 million vs the Street's $0.9 million.... More
