Demand Media Reports Third Quarter 2016 Results
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Jefferies Reiterates Hold on Demand Media (DMD) Following Solid 3Q
November 8, 2016 9:11 AM ESTJefferies reiterated a Hold rating on Demand Media (NYSE: DMD), and raised the price target to $6.50 (from $6.00), following the company's 3Q earnings report. DMD reported revenue of $28.1MM, above the consensus at $25.4MM. Operating net loss per share came in at ($0.14), better than the consensus... More
Demand Media (DMD) Tops Q3 EPS by 23c
November 7, 2016 4:09 PM ESTDemand Media (NYSE: DMD) reported Q3 EPS of ($0.14), $0.23 better than the analyst estimate of ($0.37). Revenue for the quarter came in at $28.1 million versus the consensus estimate of $25.41 million.
"Q3 was a very successful quarter for us, with revenue increasing 12% year-over-year on a... More
