Rocket Fuel (FUEL) Reports Q1 Loss of $0.28

Rocket Fuel (NASDAQ: FUEL) reported Q1 non-GAAP EPS of ($0.28), versus ($0.60) reported last year. non-GAAP Revenue for the quarter came in at $62.2 million, versus $58.8 million reported last year.

"I am pleased we have started 2016 with a good first quarter year-on-year performance and ahead of our guidance ranges on all measures, with higher net revenue, substantially lower operating expenses and thus a much-narrowed loss in a seasonally lighter quarter,” said Randy Wootton, chief executive officer. “We are totally focused on our vision to make marketing meaningful, our three strategic imperatives of becoming a trusted platform partner, strengthening our brand value proposition and extending our direct response leadership across all devices, and meeting our financial commitments.”

GUIDANCE:

Rocket Fuel sees non-GAAP Q2 2016 revenue of $64-67 million.

For earnings history and earnings-related data on Rocket Fuel (FUEL) click here.

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