LOS ANGELES (AP) _ The Rubicon Project Inc. (RUBI) on Wednesday reported a loss of $8.3 million in its second quarter.
The Los Angeles-based company said it had a loss of 16 cents per share. Losses, adjusted for one-time gains and costs, came to 6 cents per share.
The digital ad exchange operator posted revenue of $37.9 million in the period.
The Rubicon Project shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.62, more than doubling in the last 12 months.