Millennial Media (MM) Tops Q4 EPS by 2c; Issues Light Q1 Revs Outlook
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Go back to Millennial Media (MM) Tops Q4 EPS by 2c; Issues Light Q1 Revs Outlook
February 20, 2013 3:12 PM EST
Following the company's disappointing results yesterday, Goldman Sachs today maintained a Buy rating on Millennial Media (NYSE: MM) and lowered its price target to $17.00 (from $19.00).
"We believe the shortfall was largely the result of sales execution in an immature market and... More
February 20, 2013 11:02 AM EST
Traders have their eyes on today's earnings blow-up Millennial Media (NYSE: MM) for a possible bounce play. Shares are down 35 percent mid-day following disappointing results and outlook after the close.
Millennial Media reported Q4 EPS of $0.03, $0.02 better than the analyst estimate of $0.01. Revenue for the quarter came... More
February 19, 2013 5:57 PM EST
Millennial Media, Inc. (NYSE: MM) stock was crushed late on Tuesday after the mobile advertising company reported Q4 results. Year-over-year growth was impressive, but guidance fell short of expectations, sending jittery investors scattering and more than wiping out 2013 gains.
Millennial Media reported... More
