Rubicon Project (RUBI) Tops Q4 EPS by 6c, Revenues Beat

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Rubicon Project Reports Fourth Quarter 2019 Results

February 26, 2020 4:05 PM EST

Fourth Quarter Revenue Grows 17% Year over Year

LOS ANGELES--(BUSINESS WIRE)-- Rubicon Project (NYSE: RUBI), the global exchange for advertising, today reported its results of operations for the fourth quarter and year ended December 31, 2019.

Recent Highlights

Revenue was $48.5 million for Q4 2019, up 17% from Q4 2018 We expect revenue for Q1 2020 to be between $37.0 to $38.0 million (for stand-alone Rubicon Project) Advertising spend (1) for 2019 totaled $1.12 billion versus $992 million in 2018 Net income for Q4 2019 was $1.5 million, or income per share of $0.03,... More