- Sizmek's (NASDAQ:SZMK) Q3 revenue was in-line with the guidance provided in the company's Oct. 9 warning. Full-year revenue guidance was slashed to $168M-$170M from a prior $180M-$188M, but (thanks to the warning) the sole analyst estimate was already at $169M.
- Though total revenue only rose 3% Y/Y, mobile ad revenue rose 97%, and in-stream video ad revenue rose 90%. Sizmek plans to begin using a $15M buyback authorization (approved in August) this quarter.
- In an article embargoed until 6:15AM ET Saturday, SA Pro author Charles Moscoe argues Sizmek's declining media business is offset by 30% core business growth, and notes Sapient was just sold to Publicis "at a multiple 5x richer than Sizmek's current valuation."
- Q3 results, PR