Dex Media Earnings: Here’s Why Shares are Down Now
Dex Media (NASDAQ:DXM) had a loss and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.26%.
Dex Media Earnings Cheat Sheet
Revenue: Increased to $345 million from $335 million in the year-earlier quarter.
Quoting Management: “As we integrate operations, we are implementing best practices to improve our long-term relationships with clients by providing a full range of local marketing solutions,” said Peter McDonald, president and CEO of Dex Media. “Improving revenue performance by providing more value for existing and new clients is a key priority.”
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)