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Innovid Trims FY22 Revenue Outlook - Update

RTTNews | 1021 दिनों पहले

Innovid Trims FY22 Revenue Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Friday, advertising platform Innovid Corp. (CTV) provided revenues guidance for the fourth quarter and trimmed its revenue outlook for the full-year 2022.

For the fourth quarter, the company expects revenue to be in the range of $34 million to $36 million, reflecting 31% to 39% year-over-year growth on an as-reported basis, and 6% to 12% year-over-year growth on a pro forma basis when including TVSquared revenue.

On average, analysts polled by Thomson Reuters expected the company to report revenues of $594.76 million for the quarter

Looking ahead to fiscal 2022, Revenue is expected to be in the range of $127 million to $129 million including TVSquared, a year-over-year increase of approximately 41% to 43% growth on an as-reported basis, and 17% to 19% year-over-year growth on a pro forma basis when including TVSquared revenue. Previously, the company estimated revenues between $127 million and $132 million.

The Street is looking for revenues of $129.92 million for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

टैग: CTV

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Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.

RTTNews | 5 मिनटों पहले

Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.

RTTNews | 20 मिनटों पहले

Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.

RTTNews | 50 मिनटों पहले

Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.

RTTNews | 1घंटे 17 मिनट पहले

Singapore Stock Market May Add To Its Winnings On Friday

Singapore Stock Market May Add To Its Winnings On Friday

The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.

RTTNews | 1घंटे 20 मिनट पहले

Japan Industrial Output Sinks 1.6% In July

Japan Industrial Output Sinks 1.6% In July

Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.

RTTNews | 1घंटे 22 मिनट पहले

Japan Jobless Rate Falls To 2.3% In July

Japan Jobless Rate Falls To 2.3% In July

The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday.

RTTNews | 1घंटे 38 मिनट पहले

Tokyo Overall Inflation Climbs 2.6% On Year In August

Tokyo Overall Inflation Climbs 2.6% On Year In August

Overall consumer prices in the Tokyo region of Japan - considered a leading indicator for the national trend - were up 2.6 percent on year in August, the Ministry of Communications and Internal Affairs said on Friday.

RTTNews | 1घंटे 42 मिनट पहले

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