Latest News and Press Releases

Adjusted EBITDA increased 11 % for first six months of 2018 vs. 2017Gross margin increased to 78% for the second quarterStrengthened balance sheet with new $57 million term and revolver...

IRVINE, Calif., Aug. 13, 2018 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTC Pink: “PROM”) (“Propel Media” or the “Company”), a performance focused digital media and advertising company, today...

Secured a 5-year, $50 million term debt and $7 million revolver facility  from MGG Investment GroupRetired original facility seven months in advance of maturity due to strong cash flowRetired $5...

IRVINE, Calif., May 15, 2018 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its financial results for the first...

Paid $4.4 million to fully satisfy $18.5 million of future obligationsPrepaid $2 million of term loan from cash flowTotal term loan principal amount outstanding of $53.2 millionCompany expects to...

IRVINE, Calif., March 30, 2018 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its financial results for the...

3rd Quarter of 2017 Adjusted EBITDA up 42% Compared to 3rd Quarter of 2016 Company Trailing 12 Month Adjusted EBITDA of $32.9 Million IRVINE, Calif., Nov. 13, 2017 (GLOBE NEWSWIRE) -- Propel...

Revenues increased 38% and Operating Income Increased 196% for the 2nd quarter of 2017 as compared to the 2nd quarter of 2016 Adjusted EBITDA increased 94% to $17.1 million for the 1st half of 2017...

IRVINE, Calif., June 21, 2017 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its acquisition of DeepIntent...

IRVINE, Calif., May 12, 2017 (GLOBE NEWSWIRE) -- Propel Media, Inc. (OTCPink:PROM), a performance focused digital media and advertising company, today announced its 2017 first quarter results....