Propel Media, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
Propel Media, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. Revenues were $20,920,000 against $18,632,000 a year ago. Operating income was $8,053,000 against $6,734,000 a year ago. Income before income tax expense was $5,229,000 against $3,823,000 a year ago. Net income was $3,972,000 or $0.02 per basic and diluted share compared to $2,398,000 or $0.01 per basic and diluted share a year ago. Adjusted EBITDA (a non-GAAP measure) was $9,192,000 against $7,409,000 a year ago.