Tremor Video Inc (TRMR) reported quarterly earnings results on Thursday, Aug-4-2016. The company reported $-0.11 earnings per share for the quarter, missing the analyst consensus estimate by $-0.06. Analysts had a consensus of $-0.05. The company posted revenue of $37.10 million in the period, compared to analysts expectations of $41.11 million. The company’s revenue was down -12.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.10 EPS.
Tremor Video Inc closed down -0.13 points or -6.37% at $1.91 with 85,492 shares getting traded on Tusday. Post opening the session at $2.04, the shares hit an intraday low of $1.91 and an intraday high of $2.1 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on May 31, 2016, Warren Lee (director) sold 40,093 shares at $1.84 per share price. According to the SEC, on Dec 4, 2015, Lauren Wiener (Pres. Global Sales&Marketing) purchased 5,000 shares at $2.05 per share price. On Nov 24, 2015, Rachel Lam (director) purchased 2,000 shares at $1.86 per share price, according to the Form-4 filing with the securities and exchange commission.
Tremor Video Inc. is an advertising technology company elevating brand performance across screens for the brands and publishers. The Company’s technology VideoHub analyzes in-stream video content detects viewer and system attributes and leverages its repository of stored data to enhance video ad campaigns across screens to achieve brand performance goals while providing access to analytics and measurement tools. Its VideoHub technology is the backbone of the Tremor Video Network through which it offers advertisers access to engaged consumers at scale in brand safe environments across multiple devices. It provides the Tremor Video Network as a managed service with its team managing the execution and delivery of an advertising campaign from advising on pre-campaign planning through post-campaign reporting and analysis.