Quotient Technology Inc (QUOT) Releases Earnings Results, Misses Expectations By $-0.03 EPS

Quotient Technology Inc (QUOT) reported quarterly earnings results on Tuesday, Aug-2-2016. The company reported $-0.04 earnings per share for the quarter, missing the analyst consensus estimate by $-0.03. Analysts had a consensus of $-0.01. The company posted revenue of $67.20 million in the period, compared to analysts expectations of $63.52 million. The company’s revenue was up 20.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.11 EPS.

Many Wall Street Analysts have commented on Quotient Technology Inc. Quotient Technology Inc was Initiated by Maxim Group to “Hold” on Jun 16, 2016. Quotient Technology Inc was Initiated by Dougherty & Company to “Neutral” on Jun 15, 2016.

In a different news, on Jul 5, 2016, Steven R. Boal (Chief Executive Officer) sold 20,000 shares at $13.55 per share price. According to the SEC, on Jun 22, 2016, Connie Chen (GC, Sec. and Comp. Officer) sold 2,331 shares at $13.00 per share price. On Feb 24, 2016, Mir Aamir (President and COO) sold 34,021 shares at $8.24 per share price, according to the Form-4 filing with the securities and exchange commission.

Quotient Technology Inc. formerly Coupons.com Incorporated operates a digital promotion platform that connects brands and retailers with consumers. The Company has over 2000 brands from around 700 consumer packaged goods companies (CPGs) and other grocery drug and mass merchandise retailers use its promotion platform to engage consumers at the moments when they are choosing which products they will buy and where they will shop. It delivers digital coupons to consumers including coupons and coupon codes and display advertising through its platform that includes its Web mobile and social channels. It also delivers coupons to CPGs retailers and its network of various third-party Websites or publishers that displays its coupon and advertising offerings on their Websites. Through its Campaign iQ product CPGs tracks and analyzes activations redemption rates and volumes distribution methods buying rates aggregated buyer demographics and campaign effectiveness statistics.

Quotient Technology Inc

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