Innovid Reports Q1 2024 Financial Results
Innovid Corp. (CTV)
US:NYSE Investor Relations:
ir.centurylink.com
Company Research
Source: Business Wire
Company exceeds both revenue and Adjusted EBITDA guidance for Q1Q1 revenue grew to $36.7 million, up 21% year-over-yearQ1 net loss improved year-over-year to $6.2 million and Adjusted EBITDA* improved to $4.4 million, representing a 12% Adjusted EBITDA margin*Company raises full-year 2024 guidance NEW YORK--(BUSINESS WIRE)--Innovid Corp. (NYSE:CTV) (the "Company"), an independent software platform for the creation, delivery, measurement, and optimization of advertising across connected TV (CTV), linear TV, and digital, today announced financial results for the first quarter ended March 31, 2024.“We’re very proud to start 2024 with solid business momentum. We exceeded our revenue and Adjusted EBITDA guidance, demonstrated continuous improvement, and generated positive free cash flow for the quarter,” said Zvika Netter, Co-Founder and CEO. "Most recently, we launched our Harmony initiative and product suite to optimize the CTV advertising ecosystem. This initiative brings value to ad
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CTV
News
- Innovid Corp. (NYSE: CTV) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $3.00 price target on the stock.MarketBeat
- Channel V Media Wins Two Gold Stevie Awards in the 2024 American Business Awards [Yahoo! Finance]Yahoo! Finance
- Innovid Corp. (NYSE:CTV) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Innovid Corp. (NYSE: CTV) had its price target raised by analysts at Needham & Company LLC from $2.25 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Innovid First Quarter 2024 Earnings: US$0.044 loss per share (vs US$0.063 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
CTV
Earnings
- 5/7/24 - Miss
CTV
Sec Filings
- 5/22/24 - Form 144
- 5/22/24 - Form 4
- 5/7/24 - Form 10-Q
- CTV's page on the SEC website