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Quotient narrows losses on boost in media sales

Published 07/31/2018, 05:36 PM
© Reuters.  Quotient narrows losses on boost in media sales
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  • Quotient Technology (NYSE:QUOT) is 1.7% lower after posting its Q2 earnings, where net loss narrowed on revenues that grew 20%.
  • EBITDA ticked down to $12.9M from $13M, but net loss (GAAP basis) narrowed to $4.7M from a year-ago loss of $5.8M.
  • Revenue from Retailer iQ and Media combined were up more than 40% and made up 73% of the total.
  • Transactions delivered were up 20% to 954M.
  • Revenue breakout: Promotions, $60.9M (up 4.3%); Media, $28.6M (up 77.6%).
  • For Q3, it's guiding to revenue of $101M-$105M, and EBITDA of $13M-$15M. For the full year, it's raising expectations above incremental revenue from the Ahalogy acquisition: to total revenue of $390M-$405M, and EBITDA of $58M-$65M.
  • Press release
  • Now read: A Revealing Interview With The Original 'Face Book' Founder (Podcast)


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