NEW YORK (TheStreet) -- Despite posting earnings results for the 2014 fourth quarter that beat analysts' expectations, shares of TubeMogul Inc. are slumping by 22.69% to $13.87 on heavy volume in mid-morning trading on Friday after issuing weak sales guidance for the fiscal 2015 first quarter and full year. TubeMogul, an enterprise software company for digital branding, said it's expecting its first quarter revenue to be between $28 million and $30 million, while analysts polled by FactSet had forecast for net sales of $31.5 million. For the fiscal year TubeMogul said revenue should come in between $142 million and $152 million versus the $154.3 million analysts had predicted. Exclusive Report: Jim Cramer's Best Stocks for 2015 TubeMogul's 2014 fourth quarter results showed an earnings loss of 14 cents per diluted share, narrower than the loss of 17 cents per share analysts were expecting. Revenue for the quarter was $36.1 million, topping the $32.20 million analysts were anticipating. "We continued to see strong adoption of our software in the fourth quarter by both brands and agencies. Brands and agencies increasingly recognize the advantages of a centralized buying platform and the opportunity to gain more control over their media spend. We are well positioned to partner with them as they make this transition to a software-driven advertising platform," Brett Wilson, CEO ofTubeMogul said in a statement. TUBE data by YCharts
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