Kubient, Inc. (KBNT) Tops Q2 EPS by 8c
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Kubient Reports Second Quarter 2022 Results
August 15, 2022 4:05 PM EDTNEW YORK, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Kubient, Inc. (NasdaqCM: KBNT, KBNTW) (Kubient or the Company), a cloud-based software platform for digital advertising, today reported financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 and Recent Operational Highlights
Net revenues for the six-month period ended June 30th, 2022 increased 37% compared to the same year ago period.Strengthened and optimized balance sheet in order to secure cash position and extend runway; Company expects to recognize cost savings starting in August 2022.Received three new client wins and two client extensions and budget increases.... More