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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AcuityAds Holdings Inc | TSXV:AT | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.61 | 1.60 | 1.61 | 0 | 01:00:00 |
Revenue increased 146% to $17.3M with Positive EBITDA
TORONTO and NEW YORK, Aug. 8, 2017 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT, OTCQB:ACUIF) ("AcuityAds" or "Company"), a technology leader that enables advertisers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns, today announced its second quarter financial results for the period ended June 30, 2017.
"We are very pleased with our second quarter results as we continued to see revenue growth in both the self-serve and full-serve segments of our business," said Tal Hayek, CEO of AcuityAds. "I am also delighted to report that the integration of Visible Measures, the analytics-led video advertising company we acquired at the end of March, is on track and delivering incremental wins as a result of our enhanced value proposition. Furthermore, our newly combined team and superior technology assets have played a significant role in meeting our key objective of continued revenue growth while remaining EBITDA positive."
Second Quarter Financial Highlights
Other Matters:
About AcuityAds:
AcuityAds is a technology company that enables marketers to connect intelligently with their most meaningful audiences through digital media. A Self-Serve programmatic marketing platform, powered by proprietary machine learning technology, is at the core of its business, accompanied by a patented solution for mobile targeting that leverages social data. AcuityAds empowers marketers by offering transparency on costs and brand safety, and real-time reporting and analytics, bringing accountability to programmatic advertising to deliver business results.
AcuityAds is headquartered in Toronto, Canada with sales offices in New York City, Boston, Chicago, Dallas, Los Angeles, San Francisco, San Diego, Vancouver, Calgary, Montreal and London, England. For more information, visit AcuityAds.com.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, AcuityAds does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE AcuityAds Inc.
Copyright 2017 Canada NewsWire
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