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The Rubicon Project: 2Q Earnings Snapshot

July 31, 2019

LOS ANGELES (AP) _ The Rubicon Project Inc. (RUBI) on Wednesday reported a loss of $8.3 million in its second quarter.

The Los Angeles-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, came to 6 cents per share.

The digital ad exchange operator posted revenue of $37.9 million in the period.

The Rubicon Project shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.62, more than doubling in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUBI at https://www.zacks.com/ap/RUBI

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