Innovid Corp reports results for the quarter ended in December - Earnings Summary

Innovid

24/02/2023 14:32

* Innovid Corp  CTV.N  reported a quarterly adjusted loss
of 3
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue rose 29.8% to $33.70 million from a year ago;
analysts
expected $35.63 million. 
    * Innovid Corp's reported EPS for the quarter was a loss
of 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 20% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Innovid Corp shares had risen by 13.5% this quarter.
    * The company reported a quarterly loss of $3.43 million.
    * Wall Street's median 12-month price target for Innovid
Corp is
$4.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
24 at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.02          -0.03          Missed
 Sep. 30 2022      -0.05          -0.09          Missed
 Jun. 30 2022      -0.03          0.03           Beat
 Mar. 31 2022      -0.05          -0.06          Missed