SRAX, Inc (SRAX) Reports Q4 Revenues Beat; Raises FY21 Revenue Outlook Above Consensus

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Go back to SRAX, Inc (SRAX) Reports Q4 Revenues Beat; Raises FY21 Revenue Outlook Above Consensus

SRAX REPORTS Positive Net Income for Q4 2020 and Increases Guidance

March 29, 2021 4:00 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, is providing unaudited financial results for Q4 of 2020 today, March 29th, 2021.

Fourth Quarter 2020 and Recent Operational Highlights and Guidance

Revenue for Q4 of $4.5M up 316% year-over-year, 74% sequentially quarter-over-quarter, exceeding previous guidance. Full-year revenue guidance increased from $17M - $18M to $23M - $25M Sequire bookings of $4.8M and $10M for Q4 and 1Q, respectively 8 consecutive quarters of Sequire SAAS... More