Locafy Announces First Trial Results From Preliminary Article Accelerator Implementation For U.S.-Based Media Publisher
Portfolio Pulse from Benzinga Newsdesk
Locafy Limited (NASDAQ: LCFY), a SaaS company specializing in local search engine marketing, announced promising trial results for its Article Accelerator product. The trials, conducted with a major U.S.-based media publisher, showed significant increases in online visibility metrics for advertorials. The technology led to up to 71% increases in impression and visitor counts and a 193% increase in keyword rankings. Locafy's CEO, Gavin Burnett, expressed confidence in the technology's market potential and its ability to offer value to media organizations. The company has restructured its teams for scalable production and is conducting additional trials with a second media partner.
November 28, 2023 | 1:13 pm
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POSITIVE IMPACT
Locafy's successful trial results with its Article Accelerator product indicate potential for increased market share and revenue growth, as the technology significantly improves online visibility for media publishers.
The positive trial results directly relate to Locafy's core product offering and demonstrate its effectiveness, which is likely to attract more clients and partnerships, leading to increased revenue and potentially a positive impact on the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100