Telaria Inc (NYSE: TLRA) stock lost over 21.8% on Feb 26th, 2018 (As of 11:55AM EST; Source: Google finance) post their weak fourth quarter performance. For the first quarter of 2018, the group expects an adjusted EBITDA to be in the range of a loss of $4.5 million and $3.5 million. They expect a revenue to be in the range of $8.5 million and $10 million for the first quarter.
For the fourth quarter of 2017, the loss from continuing operations for the quarter was $0.1 million against a loss from continuing operations of $3.1 million in Q4 of last year. They have $102 million of available liquidity, including $77 million of working capital and a $25 million line of credit. Revenue rose 45% yoy to $15 million, while adjusted EBITDA reached $3 million, which is a rise from an $800,000 loss in Q4 2016. The group finished the transition to an independent video seller platform and delivered a solid performance with 20% EBITDA margins. The ongoing focus on premium CTV partners and a solid momentum in a fast-growing market. The rising CTV contribution to nearly 16% of revenue by year-end. They launched Fraud Fighter, a first-to-market quality guarantee for premium video inventory while appointed industry veteran Rick Song as Chief Revenue Officer, bringing to the team his strong history of building successful sales teams at Microsoft, iHeart and Zefr
They group is focusing on how they deliver their advanced TV products to their platform. Despite rising traditional broadcasters and even start-up publishers creating apps for smart TVs and for other systems like Roku, et cetera, there’s a broader focus on how they actually deliver against that big screen TV experience and how they better sell in a more kind of linear TV fashion.
For the full year, the group forecasts a revenue in the range of $58 million and $62 million and an adjusted EBITDA profit in the range of $5 million and $8 million.
Despite today’s fall, the stock surged over 86% in the last one year.