More on Millennial Media: Q4 guidance is for revenue of $61.5M-$63M, in-line with a $62M...

|About: Millennial Media, Inc. (MM)|By:, SA News Editor

More on Millennial Media: Q4 guidance is for revenue of $61.5M-$63M, in-line with a $62M consensus. Adjusted EBITDA expected to total $3M-$3.5M, above Q3's $2.1M. Q3 gross margin was 40.9%, up 120 bps Q/Q and 160 bps Y/Y. Opex rose 109% Y/Y, thanks to major ramps in sales, R&D, and G&A spending. 380M monthly unique users reached, up from Q2's 350M. 38K+ apps supported by ad network, up from Q2's 35K+. MM +6.8% AH. CC underway (webcast). (PR)