SRAX, Inc (SRAX) Q4 Revenue Misses Consensus, Offers Guidance

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Go back to SRAX, Inc (SRAX) Q4 Revenue Misses Consensus, Offers Guidance

SRAX Reports Record Full Year and Q4 2021 Financial Results

June 6, 2022 9:00 AM EDT

LOS ANGELES, June 06, 2022 (GLOBE NEWSWIRE) -- SRAX, Inc. (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, is providing full year financial results.

SRAX exceeded guidance of $31.5M for 2021, with SRAX totaling $28.6 million in revenue, and its former subsidiary, BIGtoken, totaling $3.4 million in revenue. Due to the deconsolidation of BIGtoken as of December 31, 2021, the following full year earnings report includes BIGtokens results from operations as discontinued operations. Due to an increase in bookings, SRAX is providing guidance of $47M-$50M for 2022.

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