TubeMogul Inc (TUBE) Releases Earnings Results, Misses Expectations By $-0.02 EPS

TubeMogul Inc (TUBE) reported quarterly earnings results on Monday, May-9-2016. The company reported $-0.23 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $-0.21. The company posted revenue of $42.08 million in the period, compared to analysts expectations of $41.76 million. The company’s revenue was up 38.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.24 EPS.

TubeMogul Inc closed down -0.03 points or -0.24% at $12.27 with 1,66,996 shares getting traded on Friday. Post opening the session at $12.2, the shares hit an intraday low of $12.2 and an intraday high of $12.78 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on May 3, 2016, Brett Wilson (President, CEO & Director) sold 29,734 shares at $13.18 per share price. According to the SEC, on Apr 29, 2016, Eric Deeds (General Counsel and Secretary) sold 7,500 shares at $13.25 per share price. On Apr 8, 2016, Stephen A Scovic (Chief Revenue Officer) sold 10,000 shares at $13.18 per share price, according to the Form-4 filing with the securities and exchange commission.

TubeMogul Inc. is an enterprise software company for digital branding. The Company offers a platform that enables customers to launch digital video advertising campaigns onto any digital device. The Company’s customers primarily include brands companies or product lines within companies. Agency trading desks ad networks and publishers also uses its platform. The Company’s platform is integrated with public digital video ad inventory sources where individual ad impressions can be purchased utilizing real-time bidding technology (RTB). The Company offers advertisers the visibility into the inventory they purchase including enabling them to see video ad performance and viewability at any dimension of a campaign. The Company’s platform also includes a suite of safety technologies designed to prevent unacceptable ad placements and to detect and block sites with inappropriate content auto-play ad placements or fraudulent bot-driven traffic.

TubeMogul Inc

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