Maxpoint Interactive, Inc. (MXPT) 10-Q Quarterly Report Mon May 16 2016


•	Expanded programmatic Digital Zip^® technology to France, Germany, Italy and Spain, mapping over 30,000 new micro-neighborhoods, or Digital Zips, giving clients the ability to reach consumers at scale with campaigns across Europe

RALEIGH, N.C. – May 16, 2016—MaxPoint (Nasdaq: MXPT), the company that helps manufacturers and retailers generate in-store sales with its innovative Digital Zip^® technology, today announced its financial results for the quarter ended March 31, 2016.

Financial Highlights:


•	Revenue of $29.5 million increased 3% in the first quarter of 2016, compared to $28.7 million for the first quarter of 2015.


•	Revenue ex-TAC¹ of $19.4 million increased 15% in the first quarter of 2016, compared to $16.8 million for the first quarter of 2015.


•	Net loss of $10.7 million in the first quarter of 2016 compared to a net loss of $8.1 million for the first quarter of 2015.


•	Adjusted EBITDA¹ of $(7.2) million in the first quarter of 2016 compared to $(5.2) million for the first quarter of 2015.


•	Net loss per basic and diluted shareof $1.63 in the first quarter of 2016 compared to $3.59 for the first quarter of 2015.


•	Non-GAAP net loss per basic and diluted share¹of $1.48 in the first quarter of 2016 compared to $1.47 for the first quarter of 2015.

“We’re off to a solid start to the year,” said Joe Epperson, MaxPoint’s co-founder and CEO. “We beat our Q1 revenue ex-TAC and adjusted EBITDA guidance as we continue to focus on going deeper with our clients and leveraging our 2015 investments across all areas of the business. We are progressing well against our 2016 initiatives and look forward to the year ahead as we continue to build on developments made during the quarter to reaccelerate growth.”

The following information was filed by Maxpoint Interactive, Inc. (MXPT) on Monday, May 16, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Material Contracts, Statements, Certifications & more

Maxpoint Interactive, Inc. provided additional information to their SEC Filing as exhibits

Exhibit 31.1: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 31.2: Rule 13A-14(A)/15D-14(A) Certification

Exhibit 32.1: Section 1350 Certification

Exhibit 32.2: Section 1350 Certification

Ticker: MXPT
CIK: 1611231
Form Type: 10-Q Quarterly Report
Accession Number: 0001611231-16-000046
Submitted to the SEC: Mon May 16 2016 4:23:13 PM EST
Accepted by the SEC: Mon May 16 2016
Period: Thursday, March 31, 2016
Industry: Advertising

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Maxpoint Interactive, Inc. (MXPT) SEC Filing 10-Q Quarterly report for the period ending Thursday, March 31, 2016

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