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6 months ago
BRIEF-Rocket Fuel continues shift to platform business with restructuring initiative
January 9, 2017 / 10:45 PM / 6 months ago

BRIEF-Rocket Fuel continues shift to platform business with restructuring initiative

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Jan 9 (Reuters) - Rocket Fuel Inc :

* Rocket Fuel continues shift to platform business with restructuring initiative

* Rocket Fuel - further organizing its operations around two core offerings - predictive marketing platform solutions and media services

* Rocket Fuel Inc says guidance for q4 remains unchanged

* Rocket fuel inc reorganization will also result in elimination of 93 services and administrative positions, representing 11 percent of employee base

* Rocket Fuel Inc says anticipates that reorganization will reduce operating expenses by approximately $20 million annually Source text for Eikon: Further company coverage:

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