• by Felicia Greiff , March 3, 2016

Tremor Video announced its 2015 earnings on Thursday, reporting revenue of $174 million for the fiscal year of 2015, up 9% year-over-year.

The company saw a gross profit of $74.6 million for the 2015 fiscal year, up 29% year-over-year.  

"We believe programmatic business and proprietary higher function products will continue to drive our business forward," Bill Day, Tremor Video CEO, said on an earning call.

In an email, Day said the company's return to profitability reflects the significant outperformance of its buyer and seller platforms, as well as its products. 

In its breakdown for last year, the company reported its programmatic revenue (which comes from its DSP or SSP) was up 400% year-over year; its non-programmatic higher function revenue (which includes performance-based products) was up 37% year-over-year; and its non-programmatic media network revenue (which includes traditional media buys that don’t take advantage of Tremor Video's more sophisticated products and don’t come from the DSP or SSP) were up 44% year-over-year. 

Tremor Video went public in 2013. The company hired John Rego as chief financial officer in August 2015 after Todd Sloan stepped down from the role earlier last year.