Innovid Expects Q3 Revenue Of $40M - $42M, Reflecting Y/Y Growth Of 10% - 16%; Est $40.70M
Portfolio Pulse from Benzinga Newsdesk
Innovid expects Q3 revenue to be between $40M and $42M, reflecting a year-over-year growth of 10% to 16%. The estimated revenue is $40.70M.
August 06, 2024 | 11:45 am
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Innovid projects Q3 revenue to be between $40M and $42M, indicating a year-over-year growth of 10% to 16%. The estimated revenue is $40.70M.
The projected revenue growth of 10% to 16% is a positive indicator for Innovid, suggesting strong performance and potential investor confidence. The estimated revenue aligns with market expectations, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100