Digital Generation Earnings: Here’s Why the Stock is Up Now

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Digital Generation (NASDAQ:DGIT) had a loss and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.41%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Digital Generation Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased to $-0.04 in the quarter versus EPS of $0.05 in the year-earlier quarter.

Revenue: Decreased 0.92% to $92 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Digital Generation reported adjusted EPS loss of $0.04 per share. By that measure, the company met the mean analyst estimate of $-0.04. It beat the average revenue estimate of $91.48 million.

Quoting Management: “With double digit growth in the quarter, the online business is experiencing higher demand for our ad serving platform, with its unmatched analytics capabilities,” said Neil Nguyen, CEO and President of DG. “Our ability to deliver innovative and effective multi-screen advertising aligns directly with the industry’s growth in online video. We are confident about our unique positioning at the center of this video-centric advertising and expect continued momentum in our video and online business.”

Key Stats (on next page)…

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business