Rubicon Project Reports Third Quarter 2016 Results

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Go back to Rubicon Project Reports Third Quarter 2016 Results

Rubicon Project (RUBI) Tops Q3 EPS by 23c; Issues Mixed Outlook

November 2, 2016 4:15 PM EDT

Rubicon Project (NYSE: RUBI) reported Q3 EPS of $0.32, $0.23 better than the analyst estimate of $0.09. Revenue for the quarter came in at $65.8 million versus the consensus estimate of $62.94 million.

GUIDANCE:

Rubicon Project sees Q4 2016 EPS of $0.08-$0.16, versus the consensus of $0.30. Rubicon Project sees Q4 2016 revenue of $65-75 million, versus the consensus of $80.23 million.

Rubicon Project sees FY2016 EPS of $0.86-$0.94, versus the consensus of $0.88. Rubicon Project sees FY2016 revenue of $271-281 million, versus the consensus of $267.98 million.

We executed well against our key strategic... More