Innovid (NYSE:CTV – Get Free Report) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Innovid has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.
Innovid (NYSE:CTV – Get Free Report) last posted its quarterly earnings results on Tuesday, February 27th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Innovid had a negative net margin of 22.81% and a negative return on equity of 8.92%. The firm had revenue of $38.62 million for the quarter, compared to the consensus estimate of $36.90 million. During the same period last year, the firm posted ($0.03) earnings per share.
Innovid Trading Up 2.7 %
CTV opened at $2.32 on Monday. The firm has a market capitalization of $329.02 million, a price-to-earnings ratio of -10.09 and a beta of 3.28. The company’s 50 day simple moving average is $2.21 and its two-hundred day simple moving average is $1.68. Innovid has a 1-year low of $0.85 and a 1-year high of $2.58. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.99 and a quick ratio of 3.99.
Analyst Upgrades and Downgrades
View Our Latest Report on Innovid
Insider Buying and Selling at Innovid
In other Innovid news, CEO Zvika Netter purchased 25,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was acquired at an average cost of $1.84 per share, for a total transaction of $46,000.00. Following the acquisition, the chief executive officer now owns 4,085,733 shares in the company, valued at approximately $7,517,748.72. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 9.90% of the company’s stock.
Innovid Company Profile
Innovid Corp. operates an independent software platform that provides ad serving, measurement, and creative services. It offers advertising services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV, and desktop TV environments to advertisers, publishers, and media agencies.
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