More on Millennial Media: The company expects Q1 revenue of $48M-$50M and 2013 revenue of...


More on Millennial Media: The company expects Q1 revenue of $48M-$50M and 2013 revenue of $270M-$280M, below a consensus of $56.4M and $286.4M. No explanation is given for the shortfalls. Is the culprit weak mobile display ad demand, competition from the likes of Google (AdMob) and Apple (iAd), or some combination? Ad network reached 400M+ monthly unique users and covered 39K+ apps in Q4, up from 380M+ and 38K+ in Q3. Opex +60% Y/Y, a little below revenue growth. MM -26.4% AH. CC at 5PM ET (webcast). (PR)

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs