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NEWS29 May 2015

Rentrak sees 32% revenue increase

Financials North America

US — Rentrak has announced revenues of $28.5m for the fourth fiscal quarter of 2015, up from $21.6m in the same period last year.

The audience measurement company also released its full fiscal year results, showing a revenue increase of 36%, growing from $75.6m to $102.9m. Revenues for its TV Everywhere business saw particular growth: rising 64% from $10m to $16.4m.

Gross margin was reported as 63% of revenue for the fourth fiscal quarter of 2015, compared with 66% for the same period last year. This change was attributed to costs associated with the addition of two major data providers.

Full results can be accessed here.

@RESEARCH LIVE

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