Quotient Technology Inc. Reports Second Quarter 2020 Financial Results

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Go back to Quotient Technology Inc. Reports Second Quarter 2020 Financial Results

Quotient Technology (QUOT) Misses Q2 EPS by 4c, Revenues Miss; Offers Q3 & FY20 Revenue Guidance

August 4, 2020 4:52 PM EDT

Quotient Technology (NYSE: QUOT) reported Q2 EPS of ($0.21), $0.04 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $83.5 million versus the consensus estimate of $85.98 million.

Revenue was $83.5M, within guidanceGAAP net loss was $19.1MAdjusted EBITDA was $4.4M, above guidanceSigned two new retailers onto Retailer iQ and Retail Performance Media (RPM)

Q2 2020 Summary

Delivered $83.5M of revenue in Q2 2020, within our guidance range, and down 20% from Q2 2019 as we had anticipated in May and built into our guidance for the quarter.... More