NEW YORK (TheStreet) -- Rocket Fuel (FUEL) shares are falling, down -26.2% to $20.52, after missing analysts revenue estimates during its first quarter earnings period.
While revenue increased 95% to $74.4 million, it missed analysts expectations of $76.21 million.
The artificial intelligence and big data service provider reported a net loss of $6.3 million, or -18 cents per diluted share, beating analysts estimates by 12 cents.
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The company reported second quarter revenue guidance of $88 million - $92 million, below analysts $101.8 million estimate.