LOS ANGELES (AP) _ The Rubicon Project Inc. (RUBI) on Wednesday reported a loss of $6.2 million in its third quarter.
On a per-share basis, the Los Angeles-based company said it had a loss of 12 cents. Losses, adjusted for one-time gains and costs, came to 2 cents per share.
The digital ad exchange operator posted revenue of $37.6 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 $8.49, more than doubling in the last 12 months.