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Stock impact report

YuMe Reports Second Quarter 2017 Financial Results

YUME INC (YUME) 
Company Research Source: Business Wire
Reports Record Second Quarter Net Income of $4.4 Million and aEBITDA of $7.6 Million Reports Quarterly Total Revenue Growth of 5% Declares Quarterly Cash Dividend of $0.03 per Share REDWOOD CITY, Calif.--(BUSINESS WIRE)-- YuMe, Inc. (NYSE: YUME), a proven partner for video advertising leadership and innovation, today announced its financial results for the second quarter ended June 30, 2017 and a quarterly cash dividend of $0.03 per share of common stock. “We are very pleased to report that in the second quarter, we returned to revenue growth, significantly reduced operating expenses, generated positive net income and exceeded our prior adjusted EBITDA guidance. We continue to benefit from the strength in our programmatic business and are solidifying our position through industry leading innovation such as our connected TV initiatives,” said Paul Porrini, Chief Executive Offi Show less Read more
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