Rocket Fuel Q1 Loss Widens - Quick Facts

(RTTNews) - Rocket Fuel Inc. (FUEL) reported a first-quarter net loss of $11.2 million, or $0.33 per share, compared to a net loss of $8.1 million, or $0.97 per share, previous year. Adjusted net loss for the quarter was $6.3 million, or $0.18 per share.

On average, eight analysts polled by Thomson Reuters expected the company to report a loss per share of $0.30 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $74.4 million from $38.2 million. Analysts expected revenue of $76.21 million for the quarter.

The company expects its second-quarter revenue in the range of $88.0 million to $92.0 million. Analysts expect the company to report second-quarter revenue of $101.83 million.

Rocket Fuel reiterated its full year 2014 outlook. The company continues to expect revenue in the range of $420.0 million to $435.0 million. Analysts expect the company to report full year 2014 revenue of $432.82 million.