Overview
US audience intelligence firm's Q1 revenue grew yr/yr, gross margin improved to 36%
Company ended Q1 with $11.4 mln in cash and investments
Acquisition of Misfits Ads Business expected to add profitable programmatic revenue
Outlook
Company expects to achieve EBITDA profitability by fiscal year-end
Company does not anticipate needing to raise capital in the foreseeable future
Company expects recent acquisition to expand monetization capabilities and strengthen operating model
Result Drivers
REVENUE MIX IMPROVEMENT - Co said gross margin improvement reflects continued improvement in the quality and structure of its revenue mix and delivery model
BRAND PARTNERSHIPS - Co said expansion of brand partnerships and multi-platform programs contributed to operational momentum
ACQUISITION IMPACT - Co said Misfits Ads Business acquisition strengthens operating model with profitable programmatic revenue and expanded monetization capabilities
Company press release: ID:nGNX7X85vj
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$3 mln
Q1 Adjusted EPS
-$0.98
Q1 EPS
-$1.77
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Super League Enterprise Inc is $15.00, about 268.6% above its May 14 closing price of $4.07
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)