Tremor Video (TRMR) Misses Q3 EPS by 2c
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Tremor Video Reports Third Quarter 2016 Financial Results
November 3, 2016 4:07 PM EDTNEW YORK--(BUSINESS WIRE)-- Tremor Video, Inc. (NYSE: TRMR), a provider of software for video ad effectiveness, today announced financial results for the quarter ended September 30, 2016.
Third Quarter 2016 Highlights:
Revenue of $41.3 million, down 1% year-over-year Total Spend1 of $63.5 million, up 29% year-over-year Gross profit of $18.6 million, up 6% year-over-year Net loss of ($3.6) million; net loss per share of ($0.07) Adjusted EBITDA2 of $0.04 million Repurchased 621,528 shares during the third quarter at an average price per share of $1.86... More