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Millennial Media Inc Issues Q2 2013 Guidance; EBITDA Guidance Below Analysts' Estimates; Reiterates FY 2013 Guidance


Wednesday, 8 May 2013 04:05pm EDT 

Millennial Media Inc announced that for the second quarter of 2013, it expects total revenue to be in the range of $58 million to $60 million and adjusted EBITDA to be between a loss of $(0.5) million and $(1.5) million. For fiscal 2013, Millennial Media reiterates its previous guidance that it expects revenue to be in the range of $270 million to $280 million and adjusted EBITDA to be between $17.0 million and $18.0 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $60 million and EBITDA of $2.05 million for the second quarter of 2013; revenue of $275 million and EBITDA of $17.5 million for fiscal 2013. 

Company Quote

1.64
0.06 +3.80%
2 Mar 2015