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YuMe Shares Drop After Q2 Report

YuMe, a video ad network, has seen its shares drop over 10% following its Q2 earnings report that saw a “wider second-quarter loss" than expected and a "lowered ... full-year guidance,” the Wall Street Journal has noted.

“The programmatic side of the business is expected to be a ‘significant contribution’ going forward,” writes the WSJ, citing comments made by CEO Jayant Kadambi on a conference call.

Read the whole story at Wall Street Journal »

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