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YuMe (NASDAQ:YUME) posted its quarterly earnings results on Wednesday. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.19, Stock Ratings News reports. The company had revenue of $40.40 million for the quarter, compared to the consensus estimate of $41.50 million.

YuMe (NASDAQ:YUME) traded up 1.42% during mid-day trading on Wednesday, hitting $5.72. The stock had a trading volume of 364,712 shares. YuMe has a 52 week low of $4.72 and a 52 week high of $12.08. The stock’s 50-day moving average is $5.97 and its 200-day moving average is $6.36. The company’s market cap is $185.2 million.

YuMe, Inc is engaged in providing digital video brand advertising solutions. Its technologies serve the specific needs of brand advertisers and enable them to find and target large, brand-receptive audiences across a range of Internet-connected devices and digital media properties.

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