Telaria, Inc Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2017; Provides Earnings Guidance for the First Quarter and Full Year of 2018
For the year, the company reported revenue of $43,799,000 against $29,121,000 a year ago. Loss from continuing operations was $21,239,000 against $23,434,000 a year ago. Loss from continuing operations before provision for income taxes was $20,047,000 against $23,686,000 a year ago. Net profit was $2,227,000 or $0.04 per basic and diluted share against loss of $20,947,000 or $0.40 per basic and diluted share a year ago. Adjusted LBITDA was $6,517,000 against adjusted LBITDA of $11,829,000 a year ago. Net cash used in operating activities was $9,861,000 against $7,070,000 a year ago. Purchase of property and equipment was $1,113,000 against $2,933,000 a year ago.
The company provided earnings guidance for the first quarter and full year of 2018. For the first quarter, The company expects revenue between $8.5 million and $10 million and adjusted EBITDA to be between a loss of $4.5 million and $3.5 million.
For the full year, The company expects revenue between $58 million and $62 million and an adjusted EBITDA profit between $5 million and $8 million.