Rubicon Project today reported revenues of $36.1 million for the first quarter of 2020 and projected a bleak outlook for the next quarter in its first earnings report since completing its acquisition of Telaria on April 1.
Rubicon missed on its first-quarter projections by around $1 million. Telaria’s revenue was $15.1 million, down roughly 20% from the previous quarter. Rubicon expects Q2 revenue to be between $36 million and $39 million, effectively wiping out Telaria’s Q1 revenue.
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