<p><div class="KonaFilter image-container display-table float_right"><div><div class="image"><img src="https://static-ssl.businessinsider.com/image/4e494c4b69bedd2835000008-400-288/admeldCEO.jpg" border="0" alt="AdMeld CEO Michael Barrett" /><p class="source"><span>AdMeld</span></p></div><p></p></div></div>This is an eye popper: Millennial Media is down 45% in after hour trading following an earnings report that was worse than expected. </p>
<p>Millennial is a mobile ad network that did <span>$72.6 million in revenue during Q1 versus expectations of $75.52 million. It had EPS of -$0.12, versus expectations of -$0.10. </span></p>
<p><span>The guidance is really bad. </span><span style="line-height: 1.5em;">Analysts were looking for $96.4 million next quarter, but Millennial is forecasting</span><span style="line-height: 1.5em;"> $70 million to $75 million. </span></p>

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BusinessInsider

Mobile Ad Network Millennial Media Is Down 45% After Reporting Earnings

AdMeldThis is an eye popper: Millennial Media is down 45% in after hour trading following an earnings report that was worse than expected. Millennial is a mobile ad network that did $72.6 million in revenue during Q1 versus expectations of $75.52 million. It had EPS of -$0.12, versus expectations of -$0.10. The guidance is really bad. Analysts were looking for $96.4 million next quarter, but Millennial is forecasting $70 million to $75 million.

AdMeldThis is an eye popper: Millennial Media is down 45% in after hour trading following an earnings report that was worse than expected. Millennial is a mobile ad network that did $72.

Mobile Ad Network Millennial Media Is Down 45% After Reporting Earnings

Jay Yarow

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