System1 Announces First Quarter 2024 Financial Results
System1, Inc. Class A (SST)
Company Research
Source: Business Wire
All Key Financial Results Above the High-End of Guidance RangeRevenue Decreased $11.2 Million Over Prior Quarter to $84.9 MillionGross Profit Decreased 25% Over Prior Quarter to $18.6 MillionAdjusted Gross Profit Decreased 17% Over Prior Quarter to $31.2 MillionGAAP Net Loss Decreased 46% Over Prior Quarter to $14 MillionAdjusted EBITDA Decreased $9.6 million Over Prior Quarter to $0.4 MillionCompany Provides Second Quarter Guidance of: $88 Million to $90 Million of Revenue and $5 Million to $7 Million of Adjusted EBITDA LOS ANGELES--(BUSINESS WIRE)--System1, Inc. (NYSE: SST) (“System1” or the “Company”), an omnichannel customer acquisition marketing platform, announced its financial results for the first quarter of 2024.“We are pleased to report a strong start to the year, with our headline Q1 results exceeding the top end of our guidance ranges for Revenue, Adjusted Gross Profit and Adjusted EBITDA. We had a strong quarter of execution across our core initiatives and I am pleased
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News
- System1, Inc. (NYSE:SST) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- System1 First Quarter 2024 Earnings: US$0.15 loss per share (vs US$0.37 loss in 1Q 2023) [Yahoo! Finance]Yahoo! Finance
- System1 to Participate in the 19th Annual Needham Technology, Media, & Consumer Conference [Yahoo! Finance]Yahoo! Finance
- System1 to Participate in the 19th Annual Needham Technology, Media, & Consumer ConferenceBusiness Wire
- System1 to Report First Quarter 2024 Financial ResultsBusiness Wire
SST
Analyst Actions
- 3/19/24 - Evercore ISI Group
SST
Sec Filings
- 5/21/24 - Form PRER14A
- 5/20/24 - Form DEFA14A
- 5/16/24 - Form 4
- SST's page on the SEC website