Rubicon Project and Telaria Report Preliminary Results as Merger Nears [The Motley Fool]
THE RUBICON PROJECT (RUBI)
Last the rubicon project earnings: 2/26 04:05 pm
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Source: The Motley Fool
The Rubicon Project ( NYSE:RUBI Telaria NYSE:TLRA Alongside the filing of this prospectus, Rubicon and Telaria released preliminary results for the fourth quarter, giving investors Image source: Getty Images. Preliminary results Estimated preliminary revenue for the two companies during Q totaled $8. million, within the companies' combined guidance ranges for the top-line figure. But advertising exchange specialist Rubicon boasted stronger-than-expected revenue during the period, while connected TV-focused Telaria's was soft. Rubicon management estimates its fourth-quarter revenue rose to $8. million -- at the high end of its guidance for $7.0 million to $8. million and above analysts' average forecast for revenue of $7.7 million. The company also said it estimates its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) for both the fourth quarter and the full year to be above the midpoint of guidance ranges for those periods. For the full year, managemen
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