Brief: Innovid Reports Q1 2023 Financial Results

Innovid

09/05/2023 14:07

Innovid Corp  CTV.N :
    * INNOVID REPORTS Q1 2023 FINANCIAL RESULTS
    * Q1 REVENUE ROSE 18 PERCENT TO $30.5 MILLION
    * SEES FY 2023 REVENUE SLIGHTLY HIGHER THAN FY 2022
    * SEES Q2 REVENUE IN A RANGE BETWEEN $31 MILLION AND $33
MILLION
    * SEES Q2 2023 ADJUSTED EBITDA IN A RANGE BETWEEN $0 AND $2
MILLION
    * QTRLY LOSS PER SHARE $0.06
    * SEES FY 2023 ADJUSTED EBITDA POSITIVE FOR FULL YEAR
    * Q1 EARNINGS PER SHARE VIEW $-0.05, REVENUE VIEW $29.1
MILLION --
REFINITIV IBES DATA
    * Q2 REVENUE VIEW $30.9 MILLION -- REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $130.7 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn3CR9yWa 
Further company coverage:  CTV.N