illumin Reports Third Quarter 2024 Financial Results
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illumin reported its third quarter 2024 financial results, highlighting a record revenue of $36.3 million, a 23% increase year-over-year. The self-service revenue rose by 64% to $8.4 million, and there was a 200% improvement in adjusted EBITDA compared to the previous year.
November 08, 2024 | 12:15 pm
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POSITIVE IMPACT
illumin's Q3 2024 financial results show strong performance with a 23% increase in revenue, a 64% rise in self-service revenue, and a 200% improvement in adjusted EBITDA.
The significant increase in revenue and self-service revenue, along with a substantial improvement in adjusted EBITDA, indicates strong financial health and growth potential for illumin. This positive performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100