Tremor Video (TRMR) Reports Q4 Loss of $0.01; CEO to Resign

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Go back to Tremor Video (TRMR) Reports Q4 Loss of $0.01; CEO to Resign

Tremor Video Reports Strong Full-Year and Record Fourth-Quarter 2016 Financial Results; Announces CEO Transition

February 9, 2017 7:30 AM EST

NEW YORK--(BUSINESS WIRE)-- Tremor Video, Inc. (NYSE: TRMR), a provider of software for video ad effectiveness, today announced record financial results for the fourth quarter and full year ended December 31, 2016, meeting or exceeding expectations across all metrics, including record quarterly Total Spend, revenue, gross profit, and Adjusted EBITDA.

The Company also announced that Bill Day, who has served as Tremor Videos CEO since 2008, has decided to resign from his position, effective immediately. Mr. Day will continue to serve as a special advisor to the Company and its Board of Directors through June 1,... More