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

Innovid

11/11/2022 14:31

* Innovid Corp  CTV.N  reported a quarterly adjusted loss
of 9
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue was $34.47 million​; analysts expected $34.53
million. 
    * Innovid Corp's reported EPS for the quarter was a loss
of 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.7%
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 24.0% this quarter and
lost 49.5% so far this year.
    * The company reported a quarterly loss of $11.83 million.
    * Wall Street's median 12-month price target for Innovid
Corp is
$5.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
11 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.01          -0.59          Missed