You On Demand +4.8% after strong Q2 revenue growth

• You On Demand (YOD) is trading up 4.8% now, after its Q2 report where losses widened Y/Y, but six-month revenue has surpassed all of 2014's.
• Revenue of $1.48M was up 44% sequentially and resulted in gross profit of $651K. Net loss widened to $1.3M from the prior year's $1.09M, chiefly due to the change of fair value in warrant liabilities.
• Revenue grew primarily due to growth in video streaming on mobile and OTT platforms.
• Cash and equivalents at quarter's end were $6.9M.
• Press Release