Telaria, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of $12,430,000 compared to $9,934,000 for the same period a year ago. Loss from continuing operations was $4,013,000 compared to $6,649,000 for the same period a year ago. Loss from continuing operations before income taxes was $2,931,000 compared to $6,727,000 for the same period a year ago. Net loss was $3,121,000 or $0.06 per basic and diluted share compared to $2,300,000 or $0.05 per basic and diluted share for the same period a year ago. Adjusted LBITDA was $1,074,000 compared to $3,227,000 for the same period a year ago.

For the six months, the company reported revenue of $22,031,000 compared to $16,073,000 for the same period a year ago. Loss from continuing operations was $10,839,000 compared to $16,174,000 for the same period a year ago. Loss from continuing operations before income taxes was $9,043,000 compared to $16,279,000 for the same period a year ago. Net loss was $9,222,000 or $0.18 per basic and diluted share compared to $9,160,000 or $0.18 per basic and diluted share for the same period a year ago. Net cash used in operating activities was $4,272,000 compared to $4,359,000 a year ago. Purchase of property and equipment was $2,505,000 compared to $895,000 a year ago. Adjusted LBITDA was $4,397,000 compared to $9,975,000 for the same period a year ago.

The company provided earnings guidance for the third quarter and full year of 2018. For the third quarter of 2018, the company expects revenue to be in the range of $15 million to $17 million and adjusted EBITDA to be in the range of $0 million to $2 million.

For the full year 2018, the company expects revenue to be in the range of $58 million to $62 million and adjusted EBITDA to be in the range of $5 million to $8 million.