Kubient Reports Third Quarter 2020 Results

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Go back to Kubient Reports Third Quarter 2020 Results

Kubient, Inc. (KBNT) Misses Q3 EPS by 81c

November 12, 2020 4:37 PM EST

Kubient, Inc. (NASDAQ: KBNT) reported Q3 EPS of ($1.03), $0.81 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $280 thousand versus the consensus estimate of $200 thousand.

Third Quarter 2020 and Recent Operational Highlights

Onboarded former Director at Centro, advertising technology and publishing veteran, Ryan Adams, as Senior Vice President of PartnershipsAppointed Chairman, Founder, and Chief Strategy Officer ("CSO"), Paul Roberts, as Interim Chief Executive Officer ("CEO")Evaluated and streamlined The Associated Press' ("AP") digital advertising supply chain, resulting in a reduction in half of its non-essential vendors and a more optimized and... More