Demand Media (DMD) Tops Q3 EPS by 23c

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Jefferies Reiterates Hold on Demand Media (DMD) Following Solid 3Q

November 8, 2016 9:11 AM EST

Jefferies 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