SRAX, Inc (SRAX) Reports Q1 Revenues Miss; Affirms 2Q Revenues Above Consensus

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Go back to SRAX, Inc (SRAX) Reports Q1 Revenues Miss; Affirms 2Q Revenues Above Consensus

SRAX Reports Continued Revenue Growth in Q1 2021 and Increases Full-Year Guidance

May 17, 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 Q1 of 2021 today, May 17th, 2021.

First Quarter 2021 and Recent Operational Highlights and Guidance

Revenue for Q1 of $5.4M up 1,450% year-over-year, 21% sequentially quarter-over-quarter, exceeding previous guidance Full-year revenue guidance increased from $23M - $25M to $25M - $27M Sequire bookings of $10M for Q1 and $7.2M to date in Q2 9 consecutive quarters of Sequire SAAS... More