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Maxpoint Interactive, Inc. (MXPT) SEC Filing 10-Q Quarterly report for the period ending Friday, March 31, 2017

Maxpoint Interactive, Inc.

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CIK: 1611231 Ticker: MXPT

Exhibit 99.1

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MaxPoint Interactive Announces First Quarter 2017 Earnings Results
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GAAP Revenue of $27.9 million and Non-GAAP Revenue ex-TAC1 of $19.1 million.
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GAAP Net Loss improves by $1.5 million and Non-GAAP Adjusted EBITDA1 improves by $2.3 million for the first quarter 2017 versus 2016.
RALEIGH, N.C., – May 10, 2017—MaxPoint (Nasdaq: MXPT) today announced its financial results for the quarter ended March 31, 2017.
Financial Highlights:

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Revenue of $27.9 million decreased 5% in the first quarter of 2017, compared to $29.5 million for the first quarter of 2016.

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Revenue ex-TAC1 of $19.1 million decreased 2% in the first quarter of 2017, compared to $19.4 million for the first quarter of 2016.

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Net loss of $9.2 million in the first quarter of 2017 compared to a net loss of $10.7 million for the first quarter of 2016.

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Adjusted EBITDA1 of $(4.9) million in the first quarter of 2017 compared to $(7.2) million for the first quarter of 2016.

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Net loss per basic and diluted share of $1.39 in the first quarter of 2017 compared to $1.63 for the first quarter of 2016.
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Non-GAAP net loss per basic and diluted share1 of $1.17 in the first quarter of 2017 compared to $1.48 for the first quarter of 2016.
“We’re off to a good start to the year, delivering Q1 revenue ex-TAC and adjusted EBITDA at the high end of our guidance while making progress against our strategic objectives,” said Joe Epperson, MaxPoint’s Co-founder and CEO. “During the quarter, we continued to expand the reach of our data and intelligence across the entire marketing stack with new and expanded partnership agreements, while improving adjusted EBITDA by over $2 million year over year. We enter 2017 with further confidence in our ability to be adjusted EBITDA positive this year and cash flow positive in 2018.”

First Quarter Operating Highlights:
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Our total number of enterprise customers1 decreased to 730 in the first quarter, down 3% from 751 for the first quarter of 2016.
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During the quarter, non-display advertising, which includes mobile, video and social, accounted for 59% of revenue, up from 43% of revenue in the first quarter of 2016.
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During the quarter, revenue from mobile advertising on phones and tablets accounted for 54% of revenue, up from 40% of revenue in the first quarter of 2016.

The following information was filed by Maxpoint Interactive, Inc. (MXPT) on Wednesday, May 10, 2017 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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Definitive Proxy Statement (Form DEF 14A)
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Maxpoint Interactive, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2017 10-K Annual Report includes:

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Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Document And Entity Information
Condensed Consolidated Balance Sheets (unaudited)
Condensed Consolidated Balance Sheets (unaudited) (parenthetical)
Condensed Consolidated Statement Of Changes In Stockholders' Equity (unaudited)
Condensed Consolidated Statements Of Cash Flows (unaudited)
Condensed Consolidated Statements Of Comprehensive Loss (unaudited)
Condensed Consolidated Statements Of Operations (unaudited)
Commitments And Contingencies
Commitments And Contingencies (details)
Common Stock Reserved For Future Issuance (details)
Common Stock Reserved For Issuance
Common Stock Reserved For Issuance (tables)
Debt
Debt - Agreement Terms (details)
Description Of Business
Description Of Business - Organization (details)
Description Of Business - Reverse Stock Split (details)
Description Of Business - Stock Repurchase Program (details)
Earnings Per Share
Earnings Per Share (details)
Earnings Per Share (tables)
Fair Value Measurements
Stock-based Compensation
Stock-based Compensation (tables)
Stock-based Compensation - Additional Disclosures, Rsus (details)
Stock-based Compensation - Additional Disclosures, Stock Options (details)
Stock-based Compensation - Allocation Of Stock-based Compensation Expense, Espp (details)
Stock-based Compensation - Allocation Of Stock-based Compensation Expense, Rsus (details)
Stock-based Compensation - Allocation Of Stock-based Compensation Expense, Stock Options (details)
Stock-based Compensation - Employee Stock Purchase Plan (details)
Stock-based Compensation - Equity Incentive Plan Terms (details)
Stock-based Compensation - Fair Value Assumptions, Stock Options (details)
Stock-based Compensation - Restricted Stock Unit Activity (details)
Stock-based Compensation - Stock Option Activity (details)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (policies)
Summary Of Significant Accounting Policies (tables)
Summary Of Significant Accounting Policies - Allowance For Doubtful Accounts (details)
Summary Of Significant Accounting Policies - Concentration Of Credit Risk (details)
Summary Of Significant Accounting Policies - Internal-use Software Development Costs (details)
Summary Of Significant Accounting Policies - Recently Adopted Accounting Pronouncements (details)

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: 0001611231-17-000041
Submitted to the SEC: Wed May 10 2017 4:48:12 PM EST
Accepted by the SEC: Wed May 10 2017
Period: Friday, March 31, 2017
Industry: Advertising

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