iClick Interactive Asia Group Limited Reports 2020 First-Quarter Unaudited Financial Results

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UPDATE: iClick Interactive Asia Group Limited (ICLK) Tops Q1 EPS by 5c, Revenues Beat; Offers 2Q & FY20 Revenue Mid-Point Guidance Above Consensus

May 22, 2020 7:03 AM EDT

(Updated - May 22, 2020 7:06 AM EDT)

iClick Interactive Asia Group Limited (NASDAQ: ICLK) reported Q1 EPS of $0.01, $0.05 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $49.04 million versus the consensus estimate of $47.04 million.

First Quarter 2020 Results:

Revenue for the first quarter of 2020 grew to US$49.0 million, up approximately 25% from US$39.2 million for the same period of the prior year, attributable to the increase in contributions from our marketing solutions and enterprise solutions.Revenue from marketing solutions grew to US$44.6 million for the first quarter of 2020, up... More