Millennial Media Q3 Loss Widens - Quick Facts

(RTTNews) - Millennial Media Inc. (MM) reported that its third-quarter net loss attributable to common stockholders was $4.6 million or $0.06 per share, wider than $1.8 million or $0.02 per share in the year ago quarter.

Non-GAAP net income per share for the quarter was $0.00, compared to $0.03 per share in the comparable quarter last year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter increased to $56.06 million from $47.37 million in the prior year period, while seven analysts had consensus revenue estimate of $67.75 million for the quarter.

The company expects total revenue for the fourth quarter of 2013 to be in the range of $95 million to $100 million. Seven analysts have consensus revenue estimate of $87.81 million for the fourth-quarter.