- In addition to missing Q1 revenue estimates (while beating on EPS), Rocket Fuel (FUEL) expects Q2 revenue of $88M-$92M, well below a $101.8M consensus.
- The online ad platform owner is reiterating full-year guidance for revenue of $420M-$435M (consensus is at $432.8M), but investors seem to have their doubts. It predicts new sales hires and product launches will give a boost to 2H growth.
- Q1 adjusted EBITDA was -$3.7M, above guidance of -$7.5M to -$9M. Q2 adjusted EBITDA is expected to be in a range of -$4.5M to -$6M; the full-year outlook remains at $3M-$6M.
- Peer Criteo (CRTO) is down 7% AH. The Rubicon Project (RUBI), which counts Rocket Fuel as a client, is down 4%. Criteo fell on Tuesday following its Q1 report.
- Q1 results, PR
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From other sites
at CNBC.com (Dec 31, 2014)
at CNBC.com (Nov 13, 2014)
at CNBC.com (Nov 12, 2014)
at CNBC.com (Aug 29, 2014)
at CNBC.com (Aug 6, 2014)
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