Sizmek (SZMK) Tops Q2 EPS by 7c

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Sizmek Acquires Aerify Media to Bolster Mobile Tracking, Attribution and Retargeting Capabilities

August 11, 2014 4:05 PM EDT

NEW YORK, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Sizmek Inc. (Nasdaq: SZMK), a leading open ad management platform company servicing over 5,000 agencies and with representatives in 48 countries, announced today the acquisition of Aerify Media, a company specializing in mobile tracking and retargeting. The transaction, for $6.25 million in cash, is not expected to have a material impact on Sizmek's 2014 financial results. 

The entire Aerify Media team will be joining Sizmek and the proven Aerify technology will be fully integrated into the Sizmek MDX platform, bolstering the company's mobile, tracking, attribution and retargeting solutions across mobile and... More

Sizmek Reports Second Quarter 2014 Results

August 11, 2014 4:01 PM EDT

Pro forma Adjusted EBITDA Increases 25% to $6.9 million Instream Video Revenues Increase 101%; Mobile Grows 58% Company Expands Mobile Capabilities With Acquisition of Aerify Media Board of Directors Approves $15 million Share Repurchase Program

NEW YORK, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Sizmek Inc. (Nasdaq: SZMK), a global open ad management company that delivers multiscreen campaigns, today reported financial results for the second quarter ended June 30, 2014.

Revenues for the three months ended June 30, 2014 increased 7% to $44.0 million compared to the same period of 2013.... More