IPO Stock Watch: Rubicon Jumps After Q4 Earnings Beat

By | February 25, 2015

Scalper1 News

Rubicon Project (RUBI) stock hit a 10-month high Wednesday, after reporting fourth-quarter earnings late Tuesday that soundly beat consensus estimates. The provider of an online platform that helps optimize digital ad buying, selling and placement earned 25 cents a share minus items, up 79% from the year-earlier quarter and smashing estimates of 3 cents. Revenue jumped 49% to $41.8 million, beating the Wall Street forecast of $39.4 million. Shares Scalper1 News

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