MaxPoint Interactive Inc (MXPT) Releases Earnings Results, Beats Expectations By $0.06 EPS

MaxPoint Interactive Inc (MXPT) reported quarterly earnings results on Monday, May-16-2016. The company said it had a profit of $-1.48 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.06. Analysts had a consensus of $-1.54. The company posted revenue of $19.36 million in the period, compared to analysts expectations of $17.65 million. The company’s revenue was up 15.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.37 EPS.

In a different news, on Mar 18, 2016, Gretchen Joyce (COO) purchased 5,500 shares at $1.80 per share price. According to the SEC, on Mar 16, 2016, Joseph Epperson (CEO) purchased 6,000 shares at $1.79 per share price. On Aug 19, 2015, Lynnette Frank (director) purchased 2,780 shares at $5.40 per share price, according to the Form-4 filing with the securities and exchange commission.

MaxPoint Interactive Inc. (MaxPoint) provides business intelligence and marketing automation software service. The Company provides a technology-driven alternative to traditional local marketing methods for various brands across a number of industries such as retail automotive healthcare and entertainment among others. Its Intelligence Platform is a cloud-based software service that enables national brands to predict local demand-based on consumers’ purchase power and intent and manage digital advertisements containing in-store offers and promotions to reach consumers at a local level across mobile social and video channels. Through marketing automation and direct integration with real-time bidding (RTB) exchanges its platform delivers digital advertisements containing product and store-specific promotions to local consumers. The Company also offers Digital Zip architecture which is a digital grid of households organized into over 44000 neighborhoods or Digital Zips.

MaxPoint Interactive Inc

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