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Millennial Media Inc. (MM) Message Board

  • joebigbuck joebigbuck Nov 13, 2013 9:03 PM Flag

    They blew away next quarter's estimates....

    Analysts had MM pegged at 87M next quarter, yet MM just guided to 95-100M. Now maybe this quarter was light for MM, but clearly a large part of the miss was revenue that slid to Jumpstart. It's easy to see, as Jumpstart just had a blow out quarter.
    As for earnings and margins, MM just guided in their normal range 40-42%. So any talk of lower priced revenue is off base.
    I have a hard time seeing how this will tank, at least for more than a few days or minutes.
    Personally I liked the earnings and regretted selling before they came out (hey, a bird in the hand is worth two in the bush). When I saw the guidance number I was thinking the share price would run away from me.
    As usual, it's very hard to judge investor psychology as it's currently down in afterhours.
    I plan on buying my shares back tomorrow, but it will be a tough call as to when.
    BTW, MM is also going to blow away next year's numbers if they stay the same. Revenue is expect to come in just over 400M. At the current growth rate it will come in closer to 600M.

    Sentiment: Strong Buy

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