Millennial Media, Inc. (NYSE: MM), the independent leader in mobile advertising, reported Q1 2012 earnings after market close yesterday. The company reported revenue for the first quarter rose 53 percent to $32.9 million, ahead of consensus estimates of $30 million, according to Thomson Reuters I/B/E/S. The company posted a pro-forma net loss of 5 cents per share. Analysts were expecting a pro-forma net loss of 7 cents per share according to Thomson Reuters I/B/E/S. About Millennial Media Millennial Media is the leading independent mobile advertising platform company. Our technology, tools and services help app developers and mobile website publishers to maximize their advertising revenue, acquire users for their apps and gain insight about their users. We offer advertisers significant audience reach, sophisticated targeting capabilities and the ability to deliver rich and engaging ad experiences to consumers on their mobile connected devices.
More from Press Releases
NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling
The Supreme Court rules that previous congressional action forbidding states from legalizing sports betting was unconstitutional.
Walmart CEO: 'We Are Transforming Globally' With Flipkart
On its investor call on Wednesday morning, Walmart discusses the Flipkart deal.
March 24 Full-Day Course Offering: Professional Approach to Trading SPX
OptionsProfits, the CBOE, and Option Pit are hosting a class on March 24 that covers a wide variety of methods to trade the S&P 500.