Quotient Technology (QUOT) Reports In-Line Q1 EPS, Revenues Miss; Offers 2Q & FY20 Revenue Guidance Below Consensus

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Quotient Technology Inc. Reports First Quarter 2020 Financial Results

May 5, 2020 4:05 PM EDT

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Quotient Technology Inc. (NYSE: QUOT), the leading digital promotions, media and analytics company for CPG and retail marketing, today reported financial results for the first quarter ended March 31, 2020.

Last two weeks of the quarter impacted by COVID-19 Revenue was $98.8M GAAP net loss was $16.7M Adjusted EBITDA was $5.1M, above guidance

Q1 2020 Summary

During March quick and dramatic shifts in consumer shopping behaviors took effect as shoppers stocked pantries, cooked... More