Printer Friendly

CPX Interactive Posts Record Revenue/Profit Growth in Q4, 2012.

New York, NY, February 12, 2013 --(PR.com)-- Digital media company, CPX Interactive, reported today that its revenue growth for 2012 more than doubled the 15.1% growth reported for overall digital advertising spending (eMarketer Dec. 2012). The company, which remains privately held, had a break out financial year in 2012, generating a 31% growth in revenue for FY2012 over FY2011, in addition to a 541% growth in EBITDA over the same period.

In the fourth quarter of 2012 Revenue growth was equally impressive with a 54% quarter on quarter increase for Q4 2012 vs Q3 2012 and an 84% increase for Q4 2012 over Q4 2011.

CPX Interactive CFO, Michael Fleischman explains, “CPX continues to demonstrate significant growth, outpacing the digital marketplace for all of 2012 and going into Q1 2013. Much of our recent success is driven by the synergy between our tacking into the emerging wave of Real Time Bidding and our continued overall execution against our ongoing operating plan.”

“We are excited to leverage our 2012 success and drive even more substantial success for partners in 2013,” says CRO, Jonathan Slavin. “An abiding attention to detail, adding talented individuals to the CPX family, and investing heavily into our current product release roadmap will be our principal focuses as we continue to deliver increased value to all of our advertisers and publishers. Our aim is to make all of our partners more successful above all else.”

CEO, Mike Seiman is even more bullish on the company's prospects for 2013. “We have always understood the need to remain flexible in this dynamic space. Our success in 2012 is largely due to adjustments we have made to keep ourselves out ahead of the curve and these adjustments will only continue to pay benefits. I think the industry will be very surprised to see how we evolve our offerings and the value we supply to partners as this year plays out.”

About CPX Interactive

CPX Interactive is a digital media holding company serving more than 4 billion daily interactive ad impressions globally across display, video and mobile platforms. The company leverages its unparalleled reach to drive success for both clients and proprietary initiatives in three distinct business areas: 1) industry-leading interactive conversion strategies, 2) world class media services performed at scale, and 3) comprehensive supply-side solutions in real-time environments. CPX has been a privately held force in the digital advertising space since the early 2000s.

Contact Information:

CPX Interactive

David Shay, EVP - Marketing

(646) 863-8367

Contact via Email

http://www.cpxinteractive.com

http://cpxadnetworkblog.com

http://twitter.com/cpxinteractive

http://cpxinteractive.com/whyCPX
COPYRIGHT 2013 PR.com
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2013 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR.com (Press Releases)
Date:Feb 12, 2013
Words:441
Previous Article:BMMsoft EDMT 9.1 on HP's HP-UX Servers Offers Fully Integrated BI and Big Data.
Next Article:Push Media Group, The Neala Group and Flip Stylz Entertainment Present Players and Pets All-Star Celebrity Valentine's Day Party, at Avenue Nightclub...

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters