Innovid Corp. (CTV) Misses Q2 EPS by 6c ; Offers Guidance

Innovid Corp. (NYSE: CTV) reported Q2 EPS of ($0.07), $0.06 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $38 million versus the consensus estimate of $38.5 million.

GUIDANCE:

Innovid Corp. sees Q3 2024 revenue of $40-42 million, versus the consensus of $40.7 million.

Q3 2024 Adjusted EBITDA* in a range between $6.5 million and $8.5 million.
FY 2024 revenue in a range between $156 million and $163 million, representing annual growth between 11% and 16%.
FY 2024 Adjusted EBITDA* in a range between $24 million and $29 million.

For earnings history and earnings-related data on Innovid Corp. (CTV) click here.

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