Rubicon Project shows Q1 2014 revenue up 39%

The Rubicon Project, Inc. (NYSE: RUBI) reported first quarter 2014 revenue was USD23m, up 39 percent year-over-year.

First quarter managed revenue was approximately USD130m, up 34 percent year-over-year, while non-GAAP loss per share was USD0.15.

Net loss was USD6.1m for the first quarter of 2014 compared to a net loss of USD2.2m in the first quarter of 2013. Net loss per share attributable to common stockholders on a GAAP basis was USD0.59 for the first quarter of 2014, based on 12.2m weighted-average shares outstanding. This compares to a net loss per share of USD0.28 for the first quarter of 2013, which was based on 11.3m weighted-average shares outstanding.

Rubicon Project pioneered advertising automation and its technology platform is used by hundreds of the world´s premium publishers and applications to connect with more than 100,000 brands globally since inception. Its website is at RubiconProject.com.

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