January 26, 2016
OpenX Numbers Paint A Rosy Picture
Privately held OpenX has opened the kimono on its year-end 2015 financials — and those numbers, released Tuesday, paint a rosy picture. The independent sell-side platform revealed net revenue of $140 million, with 40% year-over-year organic growth, positive net income and 100% year-over-year mobile revenue growth. The company also said it added 250 publisher clients in 2015 and logged a 100% retention rate of its top 75 clients.